Model Pension Provisions

The Three Pillar Principle

Insurance against the risks of old age, death, invalidity, accident, illness and unemployment are regulated in Switzerland in a 3 pillar principle: the 1^st pillar as a state provision, the 2^nd pillar as an occupational pension and the 3^rd pillar as a personal provision. The voluntary personal provision is encouraged by the Federal and Cantonal authorities by means of tax concessions.

While the 1st and 2nd pillars, which are obligatory, cover an average of 60% of your former income, the important personal pension provisions of the 3rd pillar serve to insure the standard of living you are used to.

The individual pension provisions are gaining more and more importance in the Swiss concept for pension provisions: In particular for people with mid- to high-level incomes, permanent occupational disability, old age or for the survivors in the case of a death, shortfalls in income can occur which, as a precaution, should be covered with the 3rd pillar.

Personal pension provisions are subdivided into two categories: pillar 3a as a fixed pension plan and pillar 3b as a flexible pension plan the two having differing benefits and tax advantages.

An Interesting Analysis

To ensure that you and your family are properly insured in all cases, the insurance specialists at Nationale Suisse will be happy to analyse your personal pension provisions for you and show you how they can be optimized. The objective is: on the one hand, comprehensive financial cover in the case of unpredictable events such as occupational disability, accident ,death or invalidity. On the other hand, the life insurance policies of Nationale Suisse enable you to arrange your personal pension provisions and save at the same time. You can thus profit from a solution which corresponds entirely to your personal situation and your requirements.