Pension statement
Every year, all members of the Fonds de Pensions Nestlé receive their pension statement, valid as of 1 January. This provides information on the financing (contributions), the insured and projected benefits as well as the current pension assets on the calculation date.
Mrs
Emmanuella Exemple
Av. de l'Exemple 2
1800 Entre-deux-Exemples
Annual salary (excluding bonus but including the 13th salary).
Annual base salaryAnnual salary minus the coordination amount of 1/3 of the annual salary up to max. CHF 20 000.
Annual pensionable salaryThe insured member may choose his own savings contribution rate by selecting a plan. The choice only affects retirement benefits; it has no impact on death, disability benefits and employer’s contributions.
Savings planper month
per year
per year
The insured member and the employer pay a savings contribution in accordance with the chosen plan (Basic, Standard or Top). The savings contribution is credited to the insured members’ savings account.
Savings contributionThe risk premium for death and disability is allocated to the Fund’s risk provision. This provision is used to fund death and disability benefits for active members. The risk contributions are not taken into account for the calculation of the termination benefits when a member leaves the Fund.
Risk premium for death and disabilityDetails of the accrued benefits available at the date of calculation.
Retirement savingsIf the member has totally closed the pension gap, he can top up his early retirement account with additional contributions.
Early retirement accountThis concerns savings contribution that you are entitled to by law (minimum LPP). The difference with the existing savings contribution is called extra-mandatory part.
317'300per month
per year
Retirement savings at retirement age multiplied by the conversion rate corresponding to the retirement age.
Retirement pension65% of the pensionable salary, payable until normal retirement age;
In case of partial disability, the pension is proportionate to the degree of disability granted by the Fonds.
10% of the retirement pension in payment max. CHF 12’000 per year.
Disabled person's child's pension, per child45% of pensionable salary to spouse/partner in case of death of an active member 70% of disability or retirement pension.
Surviving spouse's/partner's pension10% of the deceased active member’s pensionable salary
15% of the disabled or retirement pension
If the child has lost both parents, the orphan’s pension is doubled
In the event of the death of an active member or a member receiving a retirement pension or a temporary disability pension, a one-time death allowance of CHF 5,000 is paid.
One-time death allowanceVoluntary purchases are optional contributions made by a member in addition to the regulatory contributions.
Maximum purchase amount to close the gaps in pension benefits (subject to legal restrictions)Early retirement may only be prefinanced after the gap in benefits has been fully topped up.
Maximum purchase amount for funding of early retirement at age 58The maximum amount authorised for the encouragement of home ownership corresponds:
- up to the age of 50, to the entire vested benefits
- for members aged over 50, either to the amount of vested benefits accrued at the age of 50, or to half of the amount of the vested benefits accrued at the time of payment, whichever is highest. Additional voluntary contributions to the Fund cannot be withdrawn as a lump sum during three years following the payment.
Applicable only to active members who were allocated a one-off credit as part of the plan changes effective 01.07.2013.
One-off credit by the employer at 01.07.2013, with interestApplicable only to active members who benefited from a conditional guarantee following the regulatory changes that took place on 01.07.2018.
Value in capital of the conditional guarantee at retirement ageThe insured benefits do not include the early retirement account; it is paid as a lump sum or can be converted into a pension, upon request. B In case of discrepancy between this statement and the Savings Plan Pension Fund regulations, the latter is applicable.
This document cancels and replaces all previous statements.
As a reminder, any countries of assignment you may have had in your career as well as your citizenship(s) may have personal tax implications depending on, among other things, whether an assignment country taxes worldwide income and/or wealth and any applicable exclusions. If in doubt, you should discuss with your tax advisor.
(Early retirement account not included)
retirement savings Expected
pension
Annual salary (excluding bonus but including the 13th salary).
Annual salary minus the coordination amount of 1/3 of the annual salary up to max. CHF 20 000.
The insured member may choose his own savings contribution rate by selecting a plan. The choice only affects retirement benefits; it has no impact on death, disability benefits and employer’s contributions.
The insured member and the employer pay a savings contribution in accordance with the chosen plan (Basic, Standard or Top). The savings contribution is credited to the insured members’ savings account.
The risk premium for death and disability is allocated to the Fund’s risk provision. This provision is used to fund death and disability benefits for active members. The risk contributions are not taken into account for the calculation of the termination benefits when a member leaves the Fund.
Details of the accrued benefits available at the date of calculation.
If the member has totally closed the pension gap, he can top up his early retirement account with additional contributions.
This concerns savings contribution that you are entitled to by law (minimum LPP). The difference with the existing savings contribution is called extra-mandatory part.
Retirement savings at retirement age multiplied by the conversion rate corresponding to the retirement age.
65% of the pensionable salary, payable until normal retirement age;
In case of partial disability, the pension is proportionate to the degree of disability granted by the Fonds.
10% of the retirement pension in payment max. CHF 12’000 per year.
45% of pensionable salary to spouse/partner in case of death of an active member 70% of disability or retirement pension.
10% of the deceased active member’s pensionable salary
15% of the disabled or retirement pension
If the child has lost both parents, the orphan’s pension is doubled
In the event of the death of an active member or a member receiving a retirement pension or a temporary disability pension, a one-time death allowance of CHF 5,000 is paid.
Voluntary purchases are optional contributions made by a member in addition to the regulatory contributions.
Early retirement may only be prefinanced after the gap in benefits has been fully topped up.
The maximum amount authorised for the encouragement of home ownership corresponds:
- up to the age of 50, to the entire vested benefits
- for members aged over 50, either to the amount of vested benefits accrued at the age of 50, or to half of the amount of the vested benefits accrued at the time of payment, whichever is highest. Additional voluntary contributions to the Fund cannot be withdrawn as a lump sum during three years following the payment.
Applicable only to active members who were allocated a one-off credit as part of the plan changes effective 01.07.2013.
Applicable only to active members who benefited from a conditional guarantee following the regulatory changes that took place on 01.07.2018.