Insurance Regulations
|
|
- Chad Barrie Matthews
- 6 years ago
- Views:
Transcription
1 Insurance Regulations Liberty Foundation for Vested Pension Benefits
2 Table of contents Art. 1 Eligible persons Art. 2 Insurance coverage Art. 3 Admission to insurance Art. 4 Special risk countries Art. 5 Start and end of insurance coverage Art. 6 Account-holder s obligation to inform Art. 7 Risk premiums Art. 8 Claims Art. 9 Requisite documentation Art. 10 Additional information and verification of pension entitlement Art. 11 Account-holder s obligation to cooperate Art. 12 Limits to insurance coverage Art. 13 Payments Art. 14 Disability pension Art. 15 Supplementary lump-sum death benefit Art. 16 Omissions in the Regulations Art. 17 Authoritative language Art. 18 Amendment of Regulations Art. 19 Jurisdiction and governing law Art. 20 Effective date
3 Insurance Regulations Pursuant to Article 1(2) of the Pension Scheme Regulations of Liberty Foundation for Vested Pension Benefits (hereafter referred to as the Foundation ), the Foundation Board has adopted the following Insurance Regulations: (for greater clarity, references to the masculine gender include the feminine gender.) Art. 1 Eligible persons (hereafter referred to as Account-holders ) The following Account-holders are eligible for insurance coverage through the Foundation: 1 Swiss residents gainfully employed in Switzerland 2 Swiss residents gainfully employed in a foreign country 3 Non-active Swiss residents 4 Foreign residents gainfully employed in Switzerland 5 Foreign residents gainfully employed in a foreign country 6 Non-active foreign residents Art. 2 Insurance coverage 1 General insurance coverage Gainfully-employed Account-holders must have paid AHV/ IV//AVS/AI contributions for at least one year if they are Swiss residents and at least three years if they are foreign residents. Death and disability risks can be insured until the Account-holder reaches normal AHV/AVS retirement age at the latest. Insurance benefits automatically include sickness and accidents. Disability risk covers the following benefits: For gainfully-employed persons who are subject to Swiss social security: maximum 60% of the AHV/AVS contributory salary incl. 50% of the variable salary or bonus, maximum 60% of ALV/AC daily unemployment benefits or maximum 60% of the average AHV/AVS salary of the last three years, including 100% of the variable salary or bonus, subject to a maximum ceiling of CHF 300,000 p.a. For gainfully-employed persons who are not subject to Swiss social security: maximum 60% of the last AHV/AVS contributory salary incl. 50% of the variable salary or bonus, maximum 60% of the last ALV/AC daily unemployment benefits or maximum 60% of the average AHV/AVS salary of the last three years, including 100% of the variable salary or bonus, subject to a maximum ceiling of CHF 300,000 p.a. For non-actives (no AHV/AVS salary or ALV/AC benefits), the maximum disability pension is CHF 36,000 p.a. In the event of death, the following benefits are covered: For gainfully-employed persons who are subject to Swiss social security: maximum 600% of the AHV/AVS contributory salary incl. 50% of the variable salary or bonus, maximum 600% of ALV/AC daily unemployment benefits or maximum 600% of the average AHV/AVS salary of the last three years, including 100% of the variable salary or bonus, subject to a maximum ceiling of CHF 5,000,000 For gainfully-employed persons who are not subject to Swiss social security: maximum 600% of the last AHV/AVS contributory salary incl. 50% of the variable salary or bonus, maximum 600% of the last ALV/AC daily unemployment benefits or maximum 600% of the average AHV/AVS salary of the last three years, including 100% of the variable salary or bonus, subject to a maximum ceiling of CHF 5,000,000. For non-actives (no AHV/AVS salary or ALV/AC benefits), the maximum lump-sum death benefit is CHF 500, Additional requirements and exceptions to general insurance coverage a. Swiss residents gainfully employed in a foreign country Disability risk Account-holders gainfully employed under a local employment contract and Account-holders on a foreign posting must have been insured with the AHV/IV//AVS/AI for at least one year immediately before taking up their main occupation abroad. Disability risks can be insured at the latest until the Account-holder reaches normal AHV/AVS retirement age. b. Foreign residents gainfully employed in a foreign country Disability risk Account-holders gainfully employed under a local employment contract must have been insured with the AHV/IV// AVS/AI for at least three years immediately before giving up their Swiss residence; Account-holders on foreign posting must have been insured with the AHV/IV//AVS/AI for at least three years at the end of their term of posting. Disability risks can be insured at the latest until the Account-holder reaches normal AHV/AVS retirement age. c. Non-active foreign residents Death and disability risks Account-holders who are not gainfully employed as a main occupation must have been insured with the AHV/IV//AVS/ AI for at least three years immediately before permanently
4 giving up their Swiss residence or their main gainful employment abroad. Death and disability insurance coverage is limited to CHF 36,000 for disability benefits and CHF 500,000 for lump-sum death benefits and cannot be insured beyond the normal AHV/AVS retirement age. d. All insurable benefits are insured on a fixed-sum basis only. 3 The Foundation shall conclude reinsurance contracts with an insurance company that is subject to regulatory oversight to cover the offered risk benefits. The Foundation shall not be liable for any benefits beyond those covered by such reinsurance contracts. Art. 3 Admission to insurance 1 Risk insurance may only be contracted by Account-holders with full capacity for work. Account-holders shall submit the insurance certificate of the prior year or those of the last three years to evidence their declared AHV/AVS salary. 2 Account-holders must have a credit balance of at least CHF 1. on their vested benefits account with the Foundation. 3 Account-holders applying for insurance must complete a personal health questionnaire. They are also required to complete a health questionnaire if coverage is increased during the term of insurance. In both cases, the Foundation may request additional information and require the Account-holder to undergo a medical examination with its medical advisor. A medical examination is mandatory in the following cases: a. up to the age of 50: if insurance is contracted for a disability pension exceeding CHF 48,000 and/or a lump-sum death benefit exceeding CHF 500,000. b. as of age 50: if insurance is contracted for a disability pension exceeding CHF 36,000 and/or lump-sum death benefit exceeding CHF 500, If the information or medical examinations required to establish the Account-holder s health are not provided or undertaken in good time, the Foundation may deny risk benefits. 5 The Foundation may make reservations or deny the requested coverage. 6 Reservations cannot be made for durations exceeding 5 years. If the Account-holder s previous insurer had imposed medical exclusions for any given risk, the Foundation may take over such exclusions for the residual term of exclusion. 7 If an exclusion is imposed for a limited duration, no benefits will be granted during the vested benefit relationship in respect of the excluded risk if such risk occurs while the exclusion is still in effect. Art. 4 Special risk countries The Foundation may also restrict or deny coverage of death and disability risks in higher-risk countries. In this regard, see the countries list in Annex I and the Fact Sheet Entitlement to a Disability Pension & Benefit Limits. Art. 5 Start and end of insurance coverage 1 Coverage starts when the Insurer issues its definitive confirmation of coverage but not before the funds have been received on the Account-holder s vested benefits account. 2 From the start of the insurance until the definitive confirmation of coverage by the Insurer, but for no more than 60 days, temporary coverage shall be granted as follows for the benefits requested in the application form: Lump-sum death benefit up to a ceiling of CHF 100,000 Disability pension up to a ceiling of CHF 36,000 per year No benefits are granted for claims resulting from a disease, disability or the sequels of an accident which existed prior to the start of temporary coverage. 3 Insurance coverage may be changed, canceled or terminated for the end of any calendar month subject to 90 days notice. 4 If the vested benefits account is cashed in or transferred, the insurance protection shall expire when (value date) the pension assets are credited to the Account-holder s account or transferred to his new pension institution. 5 If the vested benefit account relationship with the Foundation is terminated, insurance coverage shall cease on expiry of the notice period but at the latest when the vested benefits account is liquidated. However, insurance coverage ends for all Account-holders when they reach the normal AHV/AVS retirement date. Art. 6 Account-holder s obligation to inform 1 Account-holders who are gainfully employed abroad are required to notify the Foundation of any changes affecting their mandatory or voluntary AHV/IV//AVS/AI insurance. 2 This obligation to inform also applies to insured gainfully employed foreign residents who give up their principal gainful employment. Art. 7 Risk premiums 1 Risk premiums for the agreed coverage are either debited to the Account-holder s vested benefits account or invoiced to him. 2 In special cases, premiums may be paid by the employer.
5 3 Premium waivers are also insured with the disability risk. In case of an insured event, the agreed insurance coverage (disability pension and lump-sum death benefit) will be maintained free of premium subject to a waiting period of 3 months. In the case of a pure life insurance, premiums remain due. 4 The risk premium applied at the start of the insurance is a one-year rate valid for the current calendar year. If coverage is extended for a further year, the premium shall be adjusted accordingly. Premium tariffs are not guaranteed. Art. 8 Claims 1 Claims shall be submitted to the Foundation without delay. 2 The Foundation must be notified immediately of any events and circumstances liable to affect the nature and scope of coverage. 3 If an insured event is declared belatedly through gross negligence, the Foundation may deny benefits. Art. 9 Requisite documentation The Account-holder and his survivors shall submit the following requisite documentation inter alia at their own expense: Disability claims a. duly completed questionnaire concerning the earning incapacity b. medical report c. all relevant social insurance decisions, especially those of the Federal Disability Insurance, accident insurance, military insurance, daily sickness benefits insurance as well as any decisions of foreign social insurance entities. Death claims a. official death certificate b. medical certificate indicating the cause of death c. family record book/certificate Art. 10 Additional information and verification of pension entitlement 1 In order to determine the scope of benefits, the Foundation may ask for additional documents and information. 2 The Foundation is entitled to verify pension entitlements at any time and to subordinate the continued payment of a pension to a confirmation that the recipient is still alive. Art. 11 Account-holder s obligation to cooperate 1 Account-holders claiming or drawing disability benefits are required to cooperative actively with all health inquiries, medical examinations and any reasonable rehabilitation measures. If cooperation is refused, the Foundation may reduce benefits or deny further payments. 2 The Foundation may require the Account-holder to assign to it his claims against any liable third-parties or liability insurance up to the amount of the contractual benefits. 3 If the Account-holder does not satisfy this requirement within four weeks of the relevant reminder, the Foundation may refuse to pay benefits. Art. 12 Limitation of insurance coverage 1 Reduction in accordance with other social insurance decisions If the AHV/AVS, the IV/AI or the accident insurance reduces, withdraws, or denies benefits on the grounds that the death or disability was caused by gross negligence on the part of the beneficiary or the Account-holder, or if the latter refuses rehabilitation measures, the Foundation may reduce its benefits accordingly. 2 Fault If an event is the result of serious (deliberate) fault on the part of the Account-holder or a beneficiary, the Foundation shall not be obligated to pay benefits. In case of gross negligence on the part of the Account-holder or the beneficiary, the Foundation may reduce its benefits proportionately to the degree of fault. If the Account-holder commits (or attempts to commit) suicide, the Foundation has no obligation to pay benefits in the first three years of insurance coverage. This also applies if the Account-holder acted when he was of unsound mind or in a state of diminished responsibility. 3 Breach of the duty to disclose If the Account-holder inaccurately discloses or fails to disclose any circumstance of which he is aware or should be aware which is liable to seriously affect his personal health, the Foundation may reduce its benefits in case of an insured event provided those circumstances actually caused the subsequent death or disability. The failure to disclose smoking in his insurance application, or during the term of insurance if the Account-holder takes up smoking later, constitutes a breach of the duty to disclose. 4 Acts of war Events caused directly or indirectly by a war waged by Switzerland or by acts of war in which Switzerland is involved are not insured regardless whether the Account-holder participated in the war and is staying in Switzerland or abroad. This exclusion also applies to Account-holders who participate in a war or acts of war, even if Switzerland is not waging the war and is not involved in the acts of war, or if the Accountholder takes part in a civil war. The Foundation is also released from its obligation to pay benefits if the Account-holder becomes incapacitated during or as
6 a result of a stay in a country at war or in war-like circumstances. In that case, the Foundation is only required to pay benefits if it is proven that the earning incapacity has no direct or indirect connection with the war or the war-like circumstances. 5 Radioactivity Events which are the direct result of nuclear reactions such as splitting or melting are not insured. Notwithstanding, if such events are the result of medical treatment or fall within the scope of professional activities, they are covered. Art. 13 Payments 1 Disability benefits are paid monthly in advance in the form of a pension. 6 Definition of disability according to the Federal Law on General Social Insurance Law (ATSG/LPGA): Disability is understood to mean full or partial earning incapacity which is presumed to be permanent or long-term. 7 The obligation to pay disability benefits is established based on a final decision of the Federal Disability Insurance (IV/AI) recognising a disability. The amount of the pension is based on the degree of disability recognised by the Federal Disability Insurance. Where necessary, an opinion from the medical advisor may be obtained. 8 In cases of partial disability, benefits shall be adapted to the degree of earning incapacity. Pensions are calculated in accordance with the following table: 2 Death benefits are paid out in the form of lump-sum capital. 3 Payments to foreign residents are subject to withholding tax. Art. 14 Disability pension 1 The Account-holder s personal insurance certificate specifies the nature and amount of the insured disability benefits. 2 Disability claims are determined in accordance with Swiss law. The provisions of the Federal Law on General Social Insurance Law (ATSG/LPGA) and Federal Law on Disability Insurance are applicable (IVG/LAI). 3 Insured disability events start from the beginning of the relevant incapacity for work, the cause of which led to the subsequent death or disability. 4 Definition of incapacity for work according to the Federal Law on General Social Insurance Law (ATSG/LPGA): incapacity for work means a full or partial incapacity, caused by an impairment of physical, mental or psychological health, to undertake work which could be reasonably required of the insured s in his current profession or functions. In case of longer-term incapacity, the ability to perform work which could be reasonably expected in another profession or other functions is taken into account. 5 Definition of earning incapacity according to the Federal Law on General Social Insurance Law (ATSG/LPGA): Earning incapacity means a full or partial loss of earning capacity on a balanced labour market caused by an impairment of physical, mental or psychological health, and which persists after reasonable treatment and rehabilitation measures. In establishing earning incapacity, only the consequences of the health impairment shall be considered. Moreover, earning incapacity only exists if it cannot objectively be overcome. Degree of earning Pension incapacity 40 % 49,9 % One quarter of a pension 50 % 59,9 % One half of a pension 60 % 69,9 % Three-quarters of a pension As of 70 % Full pension There is no entitlement to benefits when the partial earning incapacity is less than 40%. 9 The obligation to pay benefits begins in the month when the obligation is notified, but not before the expiry of the waiting period. The waiting period for a disability pension is 24 months and for a premium waiver 3 months. 10 If a renewed incapacity for work or earning incapacity arises within one year owing to the same cause (relapse), the waiting period shall not start to run anew. 11 The entitlement to benefits expires at the death of the Account-holder, when his earning incapacity falls below 40% and in any event on reaching the normal AHV/AVS retirement age valid at the start of the IV/AI pension. Art. 15 Supplementary lump-sum death benefit 1 The Account-holder s personal insurance certificate specifies the nature and amount of the insured supplemental lump-sum death benefit. 2 If the Account-holder dies before reaching the normal AHV/ AVS retirement age, the accrued pension assets will be paid to the beneficiaries together with the insured supplementary lump-sum death benefit, if any, in the order provided in Article 15 FZV/OLP or as provided in the Notice of Beneficiaries filed with the Foundation. If death occurs after the normal AHV/AVS retirement age, only the accrued pension assets are paid out.
7 Art. 16 Omissions in the Regulations If any provision has been omitted from these Regulations on any specific point, the Foundation Board shall adopt an appropriate rule. Art. 17 Authoritative language All Regulations shall be construed and interpreted in the German-language version. Art. 18 Amendments The Foundation Board may decide to amend these Regulations at any time: these Regulations are freely available at or may be obtained from the Foundation. Art. 19 Jurisdiction and governing law All Regulations are governed by Swiss law. Disputes between the Account-holder and the Foundation are subject to the jurisdiction of the courts in accordance with Article 73 BVG/ LPP. In all other respects, the place of jurisdiction is Schwyz. Art. 20 Effective date These Regulations are effective from 1 September 2015 and replace the previous regulations of 1 August Schwyz, 24 September 2015 Foundation Board of Liberty Foundation for Vested Pension Benefits Annex 1 Reinsurance cover High risk countries
8 Annex I Reinsurance cover High risk countries The simplified form of the determination of premiums and contributions depend on certain restrictions regarding domicile (abroad) of the insured persons. This list distinguishes between countries where no coverage (Risk Level 1) or only limited cover (Risk Level 2) may be granted. All countries not listed here can be insured without restrictions. In case of doubt, we recommend submission of the cases of PartnerRe. The reinsurer s current list shall be authoritative. Date of review: July 15, 2015
Pension Fund Regulations
Pension Fund Regulations Table of Contents A. General Provisions Art. 1 Definitions and abbreviations Art. 2 The Fund Art. 3 Obligation of the Fund to inform Art. 4 Obligation to inform and notify Art.
More informationREGULATIONS OF PENSIONSKASSE
REGULATIONS OF PENSIONSKASSE effective January 07 REGULATIONS OF PENSIONSKASSE effective January 07 Terms, definitions Foundation, insurance bases Funding Benefits Organisation Transitional provisions
More informationPension Regulations of the Baloise Collective Foundation for Non- Compulsory Occupational Welfare Provision. January 2017 edition
Pension Regulations of the Baloise Collective Foundation for Non- Compulsory Occupational Welfare Provision January 2017 edition 2 Pension Regulations of the Baloise Collective Foundation for Non-Compulsory
More informationA Definitions 05. C Financing 10 Art. 06 Obligation to pay contributions Art. 07 Assets, financial equilibrium
Schindler Foundation Rules Version of January 1, 2012 Table of contents A Definitions 05 B Foundation, basis of insurance 06 Art. 01 Name and purpose of the foundation Art. 02 Group of insured persons
More informationPension Regulations of the Baloise Collective Foundation for Compulsory Occupational Welfare Provision
Pension Regulations of the Baloise Collective Foundation for Compulsory Occupational Welfare Provision January 2015 edition Making you safer. Contents I. General information 1. Legal basis 3 2. Obligation
More information2006 Edition General Insurance Conditions (AVB) for Helsana Business Accident UVG Supplementary Insurance. HEL en
The Helsana Group comprises Helsana Insurance Company Ltd, Helsana Supplementary Insurance Ltd, Helsana Accidents Ltd and Progrès Insurance Company Ltd. 2006 Edition General Insurance Conditions (AVB)
More informationREGULATIONS SCALA Employee benefits insurance
REGULATIONS SCALA 2018 Employee benefits insurance 1 Table of contents Introduction Art. 1 Objective 2 Art. 2 Management 2 General provisions and definitions Art. 3 Persons to be insured 3 Art. 4 Age/Retirement
More informationSavings Plan. Regulations. Edition July 2018 edition
Regulations Edition 2007 July 2018 edition Contact Fonds de Pensions Nestlé Avenue Nestlé 55 1800 Vevey / Suisse Telephone : +41(0) 21 924 64 00 E-mail : fonds-de-pensions@nestle.com Fonds de Pensions
More informationREGULATIONS UNO Employee benefits insurance (L-GAV)
REGULATIONS UNO 2018 Employee benefits insurance (L-GAV) 1 Table of contents Introduction Art. 1 Objective 2 Art. 2 Management 2 General provisions and definitions Art. 3 Persons to be insured 3 Art. 4
More informationRegulations. Stand: Für Ihre soziale Sicherheit
Regulations Stand: 01.01.2017 Für Ihre soziale Sicherheit Table of contents I Trust, purpose of the pension plan Art. 1 Trust 2 Terms of acceptance 3 Ability to work 4 External insured persons / insurance
More informationGeneral terms and conditions for collective daily allowance insurance in case of illness under LCA/VVG
General terms and conditions for collective daily allowance insurance in case of illness under LCA/VVG PC Contents A. General principles Art. 1 Purpose of insurance Art. 2 Legal bases Art. 3 Definitions
More informationPension plan regulations Vita Plus. Vita Plus Joint Foundation of Zurich Life Insurance Company Ltd, Zurich
Pension plan regulations Vita Plus Vita Plus Joint Foundation of Zurich Life Insurance Company Ltd, Zurich Content Pension plan regulations 3 1 Introduction 3 1.1 Which terms and abbreviations are used?
More informationPension Fund of Credit Suisse Group (Switzerland) Retirement Savings Plan Regulations January 2015
Pension Fund of Credit Suisse Group (Switzerland) Retirement Savings Plan Regulations January 2015 Contents 1 1.1 1.2 1.3 1.3.1 1.3.2 2 2.1 2.2 2.2.1 2.2.2 2.2.3 2.3 2.3.1 2.3.2 2.3.3 2.4 2.4.1 2.4.2 2.4.3
More informationRules Basic Pension Fund. Stand: Für Ihre soziale Sicherheit
Rules Basic Pension Fund Stand: 01.01.2015 Für Ihre soziale Sicherheit Rules l Sulzer Pension Plan Table of contents I Trust, purpose of the pension plan Article 1 Trust 2 Terms of acceptance 3 Ability
More informationThe Pension Model of the Pension Fund of Credit Suisse Group (Switzerland)
The Pension Model of the Pension Fund of Credit Suisse Group (Switzerland) Contents 3 Pension Model Overview Find out more about the pension plan and the maximum eligible salaries. 4 Risk Contributions
More informationPension plan regulations Vita Plus. Vita Plus Joint Foundation of Zurich Life Insurance Company Ltd, Zurich
Pension plan regulations Vita Plus Vita Plus Joint Foundation of Zurich Life Insurance Company Ltd, Zurich Content Pension plan regulations Introduction. Which terms and abbreviations are used?. What is
More informationTerms and Conditions of Enrolment
Terms and Conditions of Enrolment General information The employer is enrolling with the Collective BVG Foundation of Allianz Suisse Life Insurance Company (hereinafter the Foundation ) in order to provide
More informationGeneral Insurance Conditions (GIC)/
General Insurance Conditions (GIC)/ Supplementary accident insurance (UVGZ) Version 03.2015 8001023 03.15 WGR 040 En Table of contents Overview of your supplementary accident insurance 3 A Validity of
More information2008 Pension Regulations
2008 Pension Regulations Published January 1, 2008 Leica Pensionskasse This English version "2008 Pensions regulations" is an informal translation from the original German version "Vorsorgereglement 2008"
More informationSupplementary Pension Scheme of F. Hoffmann-La Roche Ltd. Pension Rules. Effective from 1 January 2018
Supplementary Pension Scheme of F. Hoffmann-La Roche Ltd Pension Rules Effective from 1 January 2018 Translated from the original German, which is the sole legally binding version of these Rules. Contents
More informationTable of contents. Fondation BCV deuxième pilier. Chapter I Definitions 5
Occupational pension fund regulations last updated on 1 January 2013 2 Fondation BCV deuxième pilier Table of contents Chapter I Definitions 5 Chapter II General provisions 6 Article 1 Fund Statutes 6
More informationPension Fund of F. Hoffmann-La Roche Ltd. Pension Rules. Effective from 1 January 2018
Pension Fund of F. Hoffmann-La Roche Ltd Pension Rules Effective from 1 January 2018 Translated from the original German, which is the sole legally binding version of these Rules. Table of contents Page
More informationEmployee s guide to social insurance edition
Employee s guide to social insurance 2017 edition Contents Introduction...3 Changing jobs...4 Unemployment...6 Unpaid leave, vocational training, language trips, etc....8 Taking up self-employment... 10
More informationStandard Terms of Insurance (STI) Employee benefit scheme vested benefit policies. Edition Your Swiss Insurer.
Standard Terms of Insurance (STI) Employee benefit scheme vested benefit policies Edition 2017 Your Swiss Insurer. Content 1 Concluding an insurance policy 4 2 Benefits 4 3 Financing 5 4 Right of disposal
More informationA Definitions 04. F Organisation and administration 21 Art. 21 Board of trustees Art. 22 Administration of the Foundation
Schindler Pension Fund Rules Version of 1 January 2012 Index A Definitions 04 B Foundation, basis of insurance 05 Art. 01 Foundation Art. 02 Group of insured persons Art. 03 Beginning and end of insurance
More informationPension Fund Regulations Duoprimat
com Plan Pension Fund Regulations Duoprimat Valid from 1 July 2017 These regulations are also available in German, French and Italian. Contents Key terms 2 Abbreviations 3 General information 4 Art. 1
More informationPension Regulations 2018
Pension Regulations 2018 Zusatzkasse of SR Technics Switzerland Adopted on 20 April 2018 Valid as of 1 May 2018 Contents Abbreviations 1 Introduction 2 Art. 1 Name and purpose 2 Art. 2 Relationship to
More informationFonds de Pensions Nestlé. Practical Guide 2018
Fonds de Pensions Nestlé Practical Guide 2018 This text is a translation. In case of discrepancy or differences in interpretation, the French version takes precedence over the English and German versions.
More informationFund Regulation of the Asga Pension Fund Cooperative
Fund Regulation of the Asga Pension Fund Cooperative applicable from 1 January 2017 In the event of any dispute, the original text of the regulation in German shall prevail. 2/32 Fund regulation of the
More informationPension Fund of Credit Suisse Group (Switzerland) Pension Fund Regulations January 2018
Pension Fund of Credit Suisse Group (Switzerland) Pension Fund Regulations January 2018 Contents I General Provisions 4 Appendix A Transitional Provisions 40 1.1 General Information 5 1.2 Finances 6 1.3
More informationR E G U L A T I O N S
R E G U L A T I O N S I N S U R A N C E B E N E F I T S PKE E N E R G Y P E N S I O N F U N D C O O P E R A T I V E Valid from 1 October 2015 1 Table of Contents I. General provisions 3 Art. 1 General,
More informationSupplementary LAI Accident Insurance according to LIC
Version 1/2017 Supplementary LAI Accident Insurance according to LIC Customer Information according to LIC and General Conditions of Insurance (GCI) Just call! We are there for you. Help Point 0800 80
More informationBaloise portable benefits policy
Baloise portable benefits policy Product Information, Terms of Contract and Conditions 2017 edition 2 Product Information Product Information Terms of Contract and Conditions start on Page 5 Dear Customer,
More informationGeneral Terms and Condition for Collective Daily Allowance Insurance under LAMal/KVG
Avenir Assurance Maladie SA Easy Sana Assurance Maladie SA Mutuel Assurance Maladie SA Philos Assurance Maladie SA AMB Assurances SA Foundation managed by Groupe Mutuel: Mutuelle Neuchâteloise Assurance
More informationPension plan regulations Vita Plus. Vita Plus Joint Foundation of Zurich Life Insurance Company Ltd, Zurich
Pension plan regulations Vita Plus Vita Plus Joint Foundation of Zurich Life Insurance Company Ltd, Zurich Content Pension plan regulations 3 1 Introduction 3 1.1 Which terms and abbreviations are used?
More informationRULES. ABB Pension Fund Valid from 1 January 2018
RULES ABB Pension Fund Valid from 1 January 2018 4 RULES ABB PENSION FUND Contents A. General provisions 6 1. Name and purpose 6 2. Definitions 6 3. Membership 6 4. Start and end of membership 7 5. Insured
More informationDätwyler Holding AG Pension Fund Regulations Version dated
Dätwyler Holding AG Pension Fund Regulations Version dated 1.1.2015 This is an English translation only; legally binding is the German version of these regulations. Table of contents A General provisions
More informationGeneral Terms and Conditions for Supplemental Health and accident insurance of Groupe Mutuel Assurances GMA SA
General Terms and Conditions for Supplemental Health and accident insurance of Groupe Mutuel Assurances GMA SA CGC Contents Art. 1 Art. 2 Art. 3 Art. 4 Art. 5 Art. 6 Art. 7 Art. 8 Art. 9 Art. 10 Art. 11
More informationPension Plan Pension Insurance Scheme, Capital Savings Plan and Voluntary Savings Scheme
Pension Fund of F. Hoffmann-La Roche Ltd Pension Plan Pension Insurance Scheme, Capital Savings Plan and Voluntary Savings Scheme Effective from 1 January 2018 Translated from the original German, which
More informationPension Plan Pension Insurance Scheme, Capital Savings Plan and Voluntary Savings Scheme
Pension Fund of F. Hoffmann-La Roche Ltd Pension Plan Pension Insurance Scheme, Capital Savings Plan and Voluntary Savings Scheme Effective from 1 January 2019 Translated from the original German, which
More informationRegulations and Rules of the United Nations Joint Staff Pension Fund
Distr. GENERAL JSPB/G.4/Rev.l3 UNITED NATIONS Regulations and Rules of the United Nations Joint Staff Pension Fund ICCROM vi ics^if 4y 1 April 1987 Regulations and Rules of the United Nations Joint Staff
More informationPension Fund of Credit Suisse Group (Switzerland) Retirement Savings Plan Regulations January 2016
Pension Fund of Credit Suisse Group (Switzerland) Retirement Savings Plan Regulations January 2016 Contents I General Provisions 5 VII Divorce 44 1.1 General Information 5 1.2 Beginning and End of Insurance
More informationContents. General Insurance Conditions (GIC) Edition
DAILY ALLOWANCE (KVG) General Insurance Conditions (GIC) Edition 1.1.2017 Contents 1. Insurance fundamentals 1.1. Insurer 1.2. Legal basis 1.3. Purpose 2. Insurance 2.1. Insured persons 2.2. Acceptance
More informationGeneral terms of insurance Supplementary insurance plans pursuant to the Swiss Federal Act on Insurance Contracts (VVG/LCA)
General terms of insurance Supplementary insurance plans pursuant to the Swiss Federal Act on Insurance Contracts (VVG/LCA) January 2004 edition (amended 2013) Insurance carrier: Sanitas Privatversicherungen
More informationNovartis Pension Funds. Novartis Pension Fund 1. Regulations
Novartis Pension Funds Novartis Pension Fund 1 Regulations 2017 Novartis Pension Fund 1 Regulations Editor: Novartis Pension Funds effective 1 January 2017 REGULATIONS OF NOVARTIS PENSION FUND 1 3 Summary
More informationSocial insurance. All you need to know about social security/
Social insurance All you need to know about social security/ system in Switzerland Status: January 2018 Group of persons Benefits Calculation basis for benefits Old Age, Survivors and Disability Insurance
More informationPension Fund of the Siemens Companies in Switzerland
Pension Fund of the Siemens Companies in Switzerland Overview of the 2017 Pension Fund Regulations Useful information in brief valid from 1 July 2017 Points to note: This abridged version of the 2017 Regulations
More informationALSTOM Switzerland Supplementary Insurance Plan
ALSTOM Switzerland Supplementary Insurance Plan Rules, 2010 edition incorporating addendum no. 1 Contents A General provisions Paragraph Page Name and purpose 1 5 Definitions 2 5 Membership 3 6 Beginning
More informationRegulations 2017 Adopted on 21 March and 3 October 2017 Effective from 1 January 2017 Subject to final approval by the regulatory authorities
Regulations 2017 Adopted on 21 March and 3 October 2017 Effective from 1 January 2017 Table of contents Preamble 2 General 2 Article 1 Membership of the Fund 2 Article 2 Admission to membership after the
More informationInsurance plans in accordance with the KVG
Insurance plans in accordance with the KVG Regulations Version 01.2018 To make the provisions of the contract easier to read, the male personal pronoun is used; these designations also apply to females.
More informationExcepted Group Life CONTENTS
Group Protection Excepted Group Life TERMS AND CONDITIONS In consideration of You paying the Premiums to Us and complying with these terms and conditions, We agree to pay the Benefit when it becomes payable
More informationPension Fund Regulations January 2018
Pension Fund Regulations January 2018 Should legal differences arise between the original and the translated version, the German version will prevail. Copyright by Profond Pension Fund. 8005 Zurich. 1
More informationGeneral Insurance Conditions (GIC)/
General Insurance Conditions (GIC)/ Personal Insurance Professional Version 03.2015 8006054 03.15 WGR 708 En Table of contents Overview of your Personal Insurance Professional.......... 3 A Validity of
More informationGeneral Conditions of Insurance (GCI) for UVG supplementary insurance 2017 version
www.hdi.global General Conditions of Insurance (GCI) for UVG supplementary insurance 2017 version Client information pursuant to the Swiss Federal Insurance Contracts Act (VVG), Article 3 The following
More informationGeneral Terms and Conditions for Supplemental Health and accident insurance of Groupe Mutuel Assurances GMA SA CAGA03-E5 Edition: 01 Sep 2010
General Terms and Conditions for Supplemental Health and accident insurance of Groupe Mutuel Assurances GMA SA CGC Contents Art. 1 Art. 2 Art. 3 Art. 4 Art. 5 Art. 6 Art. 7 Art. 8 Art. 9 Art. 10 Art. 11
More informationSupplementary Pension Scheme of F. Hoffmann-La Roche Ltd. Pension Plan Pension Insurance and Voluntary Savings Schemes
Supplementary Pension Scheme of F. Hoffmann-La Roche Ltd Pension Plan Pension Insurance and Voluntary Savings Schemes (for employees in the Pension Fund who are insured under the pension plan (Pension
More informationSupplementary Pension Scheme of F. Hoffmann-La Roche Ltd. Pension Plan Pension Insurance and Voluntary Savings Schemes
Supplementary Pension Scheme of F. Hoffmann-La Roche Ltd Pension Plan Pension Insurance and Voluntary Savings Schemes (for employees in the Pension Fund who are insured under the pension plan (Pension
More informationPension Regulations Part 2 General Terms and Conditions (GTC) Version General information on the Pension Rules Contents
Pension Regulations Part General Terms and Conditions (GTC) Version 0.0 General information on the Pension Rules The Pension Rules (Parts and ) of the Collective Foundation BVG of Allianz Suisse Life Insurance
More informationOverview of supplemental insurance products
Overview of supplemental insurance products under LCA / WG Groupe Mutuel Health Life Patrimony Corporate Contents Global supplemental health insurances 4-5 GL Global, levels 1 to 3 GM Global mi-privée
More informationConvention (No. 168) concerning Employment Promotion and Protection against Unemployment
Convention (No. 168) concerning Employment Promotion and Protection against Unemployment Adopted on 21 June 1988 by the General Conference of the International Labour Organisation at its seventy-fifth
More informationStaff Regulations Appendix V
Appendix V Pension Scheme rules 1 Chapter I General provisions Article 1 - Scope 1. The Pension Scheme established by these Rules applies to the permanent staff, holding indefinite term or definite or
More informationPension Plan 2 - Managerial and senior employees (12 times the monthly salary with claim to bonus payments)
APPENDIX 1 Pension Plan 2 - Managerial and senior employees (12 times the monthly salary with claim to bonus payments) The insured person shall be notified of the type and amount of the benefits in a personal
More informationGeneral Insurance Conditions (GIC) for group daily benefits insurance under the Insurance Contract Act (ICA)
EDITION 2012 General Insurance Conditions (GIC) for group daily benefits insurance under the Insurance Contract Act (ICA) BECAUSE HEALTH IS EVERYTHING Table of contents Page Client information 4 General
More informationPension regulations. The German version of the pension regulations, approved by the board of trustees, shall prevail in case of doubt or ambiguity.
Pension regulations The German version of the pension regulations, approved by the board of trustees, shall prevail in case of doubt or ambiguity. 1 st January 2015 1 TABLE OF CONTENTS PAGE KEY TERMINOLOGY
More informationProtection Plans for Mortgage Customers
Westpac Protection Plans for Mortgage Customers Product Disclosure Statement and Financial Services Guide Term Life for Mortgages Income Protection for Mortgages Effective date: 1 June 2015 This is a Combined
More informationPERSONALVORSORGESTIFTUNG DER FELDSCHLÖSSCHEN-GETRÄNKEGRUPPE 2017 REGULATIONS
PERSONALVORSORGESTIFTUNG DER FELDSCHLÖSSCHEN-GETRÄNKEGRUPPE 2017 REGULATIONS Valid from 1 January 2017 AHVG Federal Law on Old Age and Survivors' Insurance, dated 20 December 1946 ATSG Swiss General Provisions
More informationGMEBS RETIREMENT PROGRAM FORMS AND INSTRUCTIONS. Application for Participation
GMEBS RETIREMENT PROGRAM FORMS AND INSTRUCTIONS Application for Participation This one page form includes four sections for the participant to complete (sections 1-4) and one section for the Pension Committee
More informationInvalidity: Qualifying Conditions a), 2005
Austria All employees in paid employment, trainees. Family members working in the enterprises of self-employed persons. Persons who do not have a formal employment contract but essentially work like an
More informationSelf-employed contributions to Old- Age and Survivors Insurance (OASI), Compensation Insurance (IC) Disability Insurance (DI) and Income
2.02 Contributions Self-employed contributions to Old- Age and Survivors Insurance (OASI), Compensation Insurance (IC) Disability Insurance (DI) and Income Position as of 1 st January 2018 The facts at
More informationEmployee account and share deposit account administration regulations Novartis Pharma AG
Policies & Standards Employee account and share deposit account administration regulations Novartis Pharma AG Objective and purpose This Swiss Country Regulations applies to all persons with a Novartis
More informationAffiliation agreement
Affiliation agreement Contract number Between: 1. SD Worx vzw, recognised payroll services firm for employers no. 640 ministerial decision of 31.10.47, VAT BE 407.139.583, with registered office at 2,
More informationPension regulations. The German version of the pension regulations, approved by the board of trustees, shall prevail in case of doubt or ambiguity.
Pension regulations The German version of the pension regulations, approved by the board of trustees, shall prevail in case of doubt or ambiguity. 1 st January 2017 1 TABLE OF CONTENTS PAGE KEY TERMINOLOGY
More informationYour Group Insurance Plan
Your Group Insurance Plan SOUTHLAKE REGIONAL HEALTH CENTRE Policy No. 541221 Service Employees International Union (SEIU) Service Your Group Insurance Plan SOUTHLAKE REGIONAL HEALTH CENTRE Policy No. 541221
More informationINDUSTRIAL ALLIANCE GROUP SIMPLIFIED PENSION PLAN. Administered by Industrial Alliance Insurance and Financial Services Inc.
INDUSTRIAL ALLIANCE GROUP SIMPLIFIED PENSION PLAN Administered by Industrial Alliance Insurance and Financial Services Inc. Plan Text Amended on November 1, 2016 Registered Plan Numbers: Retraite Québec:
More informationSOCIAL INSURANCE IN SWITZERLAND
SOCIAL INSURANCE IN SWITZERLAND Social security. Your statutory cover in Switzerland. (Status January 2018) BECAUSE HEALTH IS EVERYTHING Who is insured and how? Loss-of-income insurance (EL) Group of persons
More informationSWICA General Insurance Conditions (GIC) for cover under the Federal Insurance Contract Act VVG
VERSION 2016 SWICA General Insurance Conditions (GIC) for cover under the Federal Insurance Contract Act VVG BECAUSE HEALTH IS EVERYTHING Table of contents Page I General Art. 1 Subject of the insurance
More informationGroup life insurance for enterprises
Group life for enterprises Contents: 1. Definitions 3 2. When the group life enters into force 3 3. Admission to the 4 4. Expansion of the 4 5. Increase in the sum insured 4 6. Limitations in the Company
More informationWEU PENSION SCHEME RULES
CHAPTER I - GENERAL PROVISIONS TABLE OF CONTENTS Article 1 Scope Article 2 Deferred entitlement Article 3 Definition of salary Article 4 Definition of service conferring entitlement to benefits Article
More informationThe pension fund certificate made simple/
The pension fund certificate made simple/ At first the pension fund certificate seems like a jungle of terms and numbers. But understanding what they re all about is easy once you have some additional
More informationTABLE OF CONTENTS. Eligibility for Insurance 1 Effective Date of Insurance 1. Schedule of Benefits 2 Definitions 2 Insuring Provisions 6
TABLE OF CONTENTS ELIGIBILITY FOR INSURANCE PAGE Eligibility for Insurance 1 Effective Date of Insurance 1 LONG TERM DISABILITY INSURANCE Schedule of Benefits 2 Definitions 2 Insuring Provisions 6 PREMIUMS
More informationRegulations on the Total and Partial Liquidation of Pension Plans
Regulations on the Total and Partial Liquidation of Pension Plans Liberty BVG/LPP Collective Foundation Contents Art. 1 Purpose and scope of these Regulations Art. 2 Preconditions for a partial liquidation
More informationGeneral conditions of contract 2016 for the supply of spare parts
General conditions of contract 2016 for the supply of spare parts AMT AG, Badstrasse 34, 5312 Döttingen (Switzerland) 1 General 1.1 The contract shall be deemed to have been entered into upon receipt of
More informationSick Pay CONTENTS. Group Protection TERMS AND CONDITIONS. Section A Interpretation Interpretation...2
Group Protection Sick Pay TERMS AND CONDITIONS In consideration of You paying the Premiums to Us and complying with these terms and conditions. We agree to pay the Benefits when they become payable under
More informationGeneral Rules for UK Discretionary Schemes
Discretionary Scheme General Rules for UK Discretionary Schemes The following Rules numbered 1A to 13 inclusive are the General Rules referred to in the Trust Deed governing the Scheme. Code: PEN44 March
More informationYour pension at Shell
Stichting Shell Pensioenfonds Your pension at Shell Regulations VI as of 1 January 2018 REGULATIONS VI AS OF 1 JANUARY 2018 2 CONTENT 1 DEFINITIONS 5 1.1 General 1.2 Specific 2 PARTICIPATION 8 2.1 Conditions
More informationEMPLOYMENT CONTRACT FOR NON-AMATEUR PLAYERS AT SWISS BASKETBALL CLUBS
EMPLOYMENT CONTRACT FOR NON-AMATEUR AT SWISS BASKETBALL CLUBS Effective from July 1st 2018 Between the contracting parties named hereunder 1. (the club, a member of Swiss Basketball) an association/public
More informationSOCIAL INSURANCE IN CYPRUS
SOCIAL INSURANCE IN CYPRUS This Guide is published by the Department of Social Insurance in cooperation with the Social Insurance Board. The Guide provides general information and should not be considered,
More informationComparison of the current and future General Conditions of Credit Suisse AG
Comparison of the current and future General Conditions of Credit Suisse AG Current General Conditions (2015) Future General Conditions (2017) General Conditions These General Conditions govern the relationship
More informationCountry Panel Presentation Switzerland. IGP Seminar Boston, September Yvonne Eggmann
Country Panel Presentation Switzerland IGP Seminar Boston, September 11-13 Yvonne Eggmann Agenda AXA Winterthur Swiss Social Security System Second Pillar Funding Design of Benefits Plan Management of
More informationSICK PAY POLICY TERMS AND CONDITIONS
SICK PAY POLICY --------------------------------------------------------------------------------------------------------------------------- TERMS AND CONDITIONS In consideration of You paying the Premiums
More informationPension Fund Regulations Summary
Pension Fund Regulations Summary Integrated competence Table of contents What is this summary version of the Pension Fund Regulations about? 4 Pillar 1, 2 and 3: What does that mean for you? 4 Pillar 1:
More informationCHAPTER 6. INVALIDITY PENSIONS
CHAPTER 6. INVALIDITY PENSIONS CONTENTS 6.1. Survey 54 6.2. Invalidity pensions under the statutory pension insurance scheme 54 6.2.1. Eligibility 54 6.2.2. Level of the invalidity pensions 56 6.2.3. Priorities
More informationCENTURY TABLES. For Members who joined the Society from 1 January 2013
CENTURY TABLES For Members who joined the Society from 1 January 2013 1 IMPORTANT NOTE It is important that you read this document carefully and understand it. As a member you have certain notification
More informationWithdrawal from the UBS vested benefits account for residential property for your own use
P.O. Box, CH-4002 Basel Tel. +4-6-226 75 75 www.ubs.com/vb P.O. Box CH-4002 Basel Withdrawal from the UBS vested benefits account for residential property for your own use Withdrawals for home ownership
More informationNYSLRS NYSLRS. your retirement plan
your retirement plan Police and Fire Plan For Tier 1, 2, 5 and 6 Members, and Tier 3 Members Covered by Article 11 (Sections 375-b and 375-c) NYSLRS NYSLRS New York State Office of the State Comptroller
More informationMutual Information System on Social Protection MISSOC. Correspondent's Guide. Tables I to XII. Status 1 July 2018
Mutual Information System on Social Protection MISSOC Correspondent's Guide Tables I to XII Status 1 July 2018 MISSOC Secretariat Contents TABLE I FINANCING... 3 TABLE II HEALTH CARE... 9 TABLE III SICKNESS
More informationPictet Vested Benefits Foundation (2nd Pillar)
Pictet Vested Benefits Foundation (2nd Pillar) Application for opening an account Please complete in capital letters and send to: Pictet Vested Benefits Foundation (2nd Pillar) Route des Acacias 60 1211
More informationNYSLRS NYSLRS. your retirement plan. En-Con Police Officers Plan For Tier 1, 2, 3, 5 and 6 Members (Section 383-b)
your retirement plan En-Con Police Officers Plan For Tier 1, 2, 3, 5 and 6 Members (Section 383-b) NYSLRS NYSLRS New York State Office of the State Comptroller Thomas P. DiNapoli New York State and Local
More informationSANLAM LIFE INSURANCE LIMITED or CAPITAL ALLIANCE LIFE LIMITED (referred to below as the Insurer ) UNAPPROVED GROUP LIFE INSURANCE UMBRELLA POLICY
SANLAM LIFE INSURANCE LIMITED or CAPITAL ALLIANCE LIFE LIMITED (referred to below as the Insurer ) UNAPPROVED GROUP LIFE INSURANCE UMBRELLA POLICY issued to EMPLOYERS PARTICIPATING IN THE SANLAM UMBRELLA
More informationPromoter & Investment Manager Spitfire Asset Management Pty Ltd
Insurance Guide 1st June 2018 - Version 1.1 Contents 1. Insurance in Spitfire Super 2. Death and TPD Insurance 3. Income Protection Insurance 4. Insurance Costs 5. Features of Spitfire Super s Insurance
More information