Sums applicable for the present year
Pension Funds Novartis 1
Minimum salary according to Article 2 BVG (Article 2 Paragraph 1 and Art. 7 Paragraph 3) | CHF 21'510[1] |
Maximum AHV pension (Article 4 Paragraph 7) | CHF 28'680 |
Minimum AHV pension (Article 17 Paragraph 2) | CHF 14'340 |
Maximum coordinating offset (Article 4 Paragraph 7) | CHF 25'095 |
Maximum insured remuneration under the retirement plan (Article 4 Paragraph 1) | CHF 124'095 |
Maximum allowable annual base salary for determining the insured remuneration under the savings plan (Article 4 Paragraph 2) | CHF 220'000 |
Maximum allowable annual base salary for determining the insured remuneration under the risk plan (Article 4 Paragraph 3) | CHF 220'000 |
Interest on retirement assets (Article 5 Paragraph 3) | is set by the Board of Trustees |
Interest on savings assets (Article 6 Paragraph 3) | is set by the Board of Trustees |
Minimum interest rate according to BVG (Article 18 Paragraph 4) | 1.00% |
Interest on arrears (Article 18 Paragraph 4) | 2.00% |
1 If there is no entitlement to a disability pension from the IV. If there is entitlement to a quarter pension from the IV, the minimum salary is CHF 16,133 (75% of 21,510). If there is entitlement to a half pension from the IV, the minimum salary is CHF 10,755 (50% of 21,510). If there is entitlement to a three-quarter pension from the IV, the minimum salary is CHF 5,378 (25% of 21,510).
Pension Funds Novartis 2
Entry threshold (Article 4 Paragraph 5) | CHF 150'000 |
Maximum allowable annual base salary for determining the insured remuneration (Article 4 Paragraph 1) | CHF 220'000 |
Minimum interest rate according to BVG (Article 15 Paragraph 4) | 1.00% |
Interest on arrears (Article 15 Paragraph 4) | 2.00% |