What is the purpose of an occupational pension?

More than just savings: A foundation for your future

The future cannot be predicted, but it can be shaped financially. The Swiss pension system is based on the proven 3-pillar principle to make exactly that possible. While pillar 1 (OASI/DI) secures your basic needs, pillar 2, the occupational pension (OPA), goes a crucial step further. Its main purpose is to enable you and your family to continue your accustomed standard of living when your earned income ceases.

The core purpose: Securing your standard of living

Imagine your income as a house. The OASI/DI forms the solid foundation, securing your basic existence. The occupational pension is the house itself – it ensures that you can continue to live in your familiar environment in old age, in the event of disability, or as a survivor. Together, the benefits from pillar 1 and pillar 2 should generally cover around 60% of your final salary. For a final gross salary of, for example, CHF 80,000 per year, this would correspond to a pension of around CHF 48,000. This creates an important foundation for the future.

A safety net for all of life’s situations

The occupational pension is more than just a savings account for retirement. It is a comprehensive safety net that applies in three key life events:

• Provision for old age: The accumulated capital provides a regular income after retirement, so you can enjoy your retirement without financial worries.
• Cover in the event of disability: Should you be unable to work due to illness or an accident, you will receive a disability pension that gives you financial stability.
• Protection for survivors: In the event of death, your partner and children are financially secured through survivors’ benefits such as a spouse’s or orphan’s pension.

A legal basis with individual flexibility

The Federal Act on Occupational Retirement, Survivors’ and Disability Pension Plans (OPA) sets the minimum standards. However, many companies want to offer their employees more. This is where individual pension solutions are created that go beyond the legal minimum (known as non-mandatory pensions). As one of the largest independent collective foundations in Switzerland, the Tellco Pension Fund offers precisely this flexibility. We help you design an occupational pension plan that suits the needs of your company and your employees – from security-oriented to yield-oriented goals.

The benefit for employers: More than just a duty

A well-designed occupational pension is not only a legal obligation but also a valuable tool for your company. It increases your attractiveness as an employer, promotes employee loyalty, and can thus reduce staff turnover. In addition, modern, digital platforms like our employer portal iTellco significantly simplify administration and save you valuable time.

Whether you have questions about your insurance certificate as an insured person or are looking for a secure and flexible pension solution as an employer, our experts will be happy to advise you without obligation. Contact us.