Social insurance. All you need to know about social security/

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Transcription:

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 AHV/IV AHV/IV Persons who live or work in Switzerland Swiss citizens who work abroad for the federal government or organizations designated by the Federal Council Persons deployed abroad for a fixed contractual period Individual pension (full pension) Applicable average annual income: Contribution years Adjusted earned income (split income during marriage) ducation and care credits A Minimum pension: CHF 14,100 per year Maximum pension: CHF 28,200 per year Supplementary benefits L L Foreigners with 10 and refugees and stateless persons with 5 ligible persons Swiss citizens and foreigners living in Switzerland who draw an AHV/IV pension uninterrupted years of residence in Switzerland Citizens of U and FTA countries: The ten-year qualifying period is waived Subsistence minimum Difference between creditable income and recognized expenditures such as rent and standard living costs in the canton, etc. (subsistence minimum). Occupational benefits B B Persons receiving daily unemployment benefits for the risks of mployees subject to AHV contributions as of Jan. 1 after their 17 th birthday with an annual AHV salary above CHF 21,150 death and disability Voluntary insurance Self-employed individuals mployees who work for several employers Retirement pension Accrued retirement assets multiplied by the applicable conversion rate Men: 6.80 % Women: 6.80 % B Accident insurance U U Voluntary insurance mployees working in Switzerland (with exceptions) Self-employed individuals (special rules apply to family members working in agriculture) able salary Daily benefits or pension based on the pensionable earnings Maximum CHF 148,200/no minimum U Health insurance K K Healthcare: Swiss residents for sickness, accident (unless covered under the U), and maternity Voluntary insurance Daily benefits: Swiss residents and/or gainfully employed persons between the ages of 16 and 65 for sickness, accident (unless covered under the U), and maternity (cf. O/maternity allowance) Mandatory healthcare insurance Standardized benefits for all insured persons Voluntary daily benefits insurance Some choice in benefits (health insurers grant only modest daily benefits) K Unemployment insurance xception All persons mandatorily insured under the AHV until retirement age Self-employed persons are not insured able salary Maximum CHF 148,200 (same as under the U) Not insured Salaries below the monthly minimum of CHF 500 (or CHF 300 for teleworkers) Military insurance M M ligible persons Persons rendering military, civil defense/civilian service Persons who carry out off-duty military activities Participants in inofficial shooting practice events able salary Maximum CHF 152,276 Cumulated AHV/IV, M benefits (and B) may not exceed the full (90 % of B in some instances) pensionable salary (supplementary pension) M Loss of earnings compensation / maternity allowance O O Maternity allowance: On the date when the employee as ligible persons Persons serving in the army, civil defense, civilian service, Youth and Sports program, course for young marksmen (for pay) defined by the ATSG gives birth; self-employed persons or persons working for cash wages in the family or partner operation, provided the person was covered under the AH at least 9 months and employed at least 5 months before the birth. able salary Maximum CHF 88,200 The Federal Law on Family Allowances has been in force since January 1, 2009. Family allowances include child and training allowances as well as the birth and adopted child allowances that have been introduced in some cantons.

Temporary incapacity for work Treatment, care, recovery Permanent occupational disability HV/IV Daily benefits Depend on the income and the number of children ntitlement while the person is being reintegrated into the workforce Reintegration measures Aids Care allowance Intensive care supplement Assistance contribution Amount depends on disability level: From 40 %: quarter pension From 50 %: half pension From 60 %: three-quarter pension From 70 %: full pension A Disabled person s child s pension: 40 % of the disability pension L No benefits Compensation of ancillary services, such as the cost of: Dentist Own contributions Care to healthcare costs Aids tc. Goal: Cover the minimum living standard as calculated from recognized expenditures (rent, living costs etc. that are customary for the canton). No benefits during a one-year waiting period No benefits Amount depends on disability level: From 40 %: quarter pension From 50 %: half pension From 60 %: three-quarter pension From 70 %: full pension (Beginning of pension on Jan. 1, 2007) B Disabled person s child s pension: 20 % of the disability pension Daily benefits 80 % of pensionable salary from the third day until the disability pension starts or until the person is again fit for work Medical costs Hospital fees in general ward Prescribed stay in a health spa Aids Transportation Rescue and funeral costs as per disability level (linear scale: 10 % to 100 %) Full pension is 80 % of the pensionable salary No supplementary pension for female spouses No disabled person s child s pension Supplementary pension If the person is also eligible for an AHV or IV pension: Supplementing the AHV/IV pension up to 90 % of the pensionable earnings Indemnity for physical or mental impairment Lump-sum payment depends on the degree of impairment (in percent). Maximum CHF 148,200 contributions), rehabilitation, hospital stays in general ward, contributions to transportation and rescue costs, prevention (various examinations and tests) Healthcare insurance An individual or a group insurance policy xaminations, treatments, out-patient care, in-patient/partial in-patient care in a nursing home, analyses, medicines, spa treatment (treatment costs and daily Maternity: Check-ups during and after the pregnancy, delivery and obstetrics, advice on breastfeeding if needed U K Partial unemployment benefit 80 % of the effective loss of income for a maximum of 12 months within 2 years Justified registration with the cantonal office, normally at least 10 days prior to the start Unemployment benefit 80 % of the pensionable salary for a max. of 640 days 70 % for non-disabled unemployed persons without dependent children whose daily benefits exceed CHF 140 A Daily benefits 80 % of the pensionable salary Medical, hospital or home care Aids (e. g. prostheses) Reintegration into the workforce Care allowance Amount depends on disability level: Full pension is 80 % of the pensionable salary M O Recruits, persons not gainfully employed: 25 % (CHF 62/day) mployed persons attending a refresher course of the army: 80 %, min. 25 % (CHF 62/day) Child allowance: 8 % (CHF 20/day) per child Single-term conscripts and persons undergoing specific training: Special rates Maternity allowance: 80 % of the pensionable salary for 14 weeks, maximum CHF 196/day

Death before retirement Benefits after retirement Benefits adjustment HV/IV Widow s/widower s pension Retirement pension 80 % of the applicable retirement pension. Conditions: Men from age 65, women from age 64 Widows with child/children Childless widows, min. age 45, marriage lasted min. of 5 years Widower until youngest child turns 18 In registered partnerships, the survivors are treated the same as a widower. Orphans pensions 40 % of the applicable retirement pension Orphans who lost both parents: 2 40 % of the retirement pension (limited to 60 % of maximum pension) L Goal: Cover the minimum living standard as calculated from recognized expenditures (rent, living costs etc. that are customary for the canton). Individual pension: 100 % Married couple (two individual pensions), limited to: 150 %* Widow s/widower s pension: 80 %* Retired person s child s pension: 40 %* arly withdrawal: Max. 2 years Deferral: Max. 5 years. * of the individual pension Goal: Cover the minimum living standard as calculated from recognized expenditures (rent, living costs etc. that are customary for the canton). In accordance with changes in salary and cost of living (mixed index) very 2 years Annually, provided the index is above 4 % The Federal Council can adjust benefits Conditions: Widow s/widower s pension: 60 %* Orphan s pension: 20 %* Duty to support a child/children, or At least age 45 and the marriage lasted at least 5 years Otherwise a single settlement equaling three annual pensions In registered partnerships, the survivors have equal status as spouses. * of the disability pension for which the insured was eligible. Widow s/widower s pension: 40 %* for child who lost one parent: 15 %* for child who lost both parents: 25 %* Cumulated maximum: 70 %* Conditions: Childless widows: if at least age 45 or min. ² ³ disabled Otherwise: Single widow s settlement Childless widowers:, if min. ² ³ disabled In registered partnerships, the survivors have equal status as spouses. *of the pensionable salary Retirement pension Men from age 65, women from age 64 Individual pension: 100 % Widow s/widower s pension: 60 %* Orphan s pension: 20 %* Retired person s child s pension: 20 %* arly withdrawal: Guidelines in accordance with the pension fund regulations. Deferral: Max. 5 years * of the individual pension Inflation-adjusted Inflation-adjusted Daily benefits insurance Individual or group insurance policy For one or several illnesses or accidents: 720 days within 900 days Maternity: Daily benefits if insured for 270 days prior to the birth. Daily benefits for 16 weeks, of which at least 8 weeks must be claimed after the birth. The agreed waiting period is deducted from the benefit period. U disability pension At the time of the accident the disabled person was Age 45 or younger: Amount of pension continues to be paid as before Age 46 63 / 64: Reduction in pension by each full year that the insured person was over age 45 for a disability level of less than 40 %: 1 % per year; for a disability level of at least 40 %: 2 % per year Age 64 / 65 or older: A disability pension will not be paid. LV Bad weather allowance 80 % of the effective lost earnings for maximum 6 months within 2 years Insolvency allowance 100 % of the pensionable salary for the last 4 months of the employment relationship Mandatory occupational benefits Survivor s and disability benefits if the conditions for daily benefits are met and the coordinated daily wage limit is reached Widow s/widower s pension: 40 %* for child who lost one parent: 15 %* for child who lost both parents: 25 %* Max. for all survivors together: 100 %* In registered partnerships, the survivors have equal status as spouses. *of the pensionable salary O Retirement pensions are based on half of the current disability pension (40 % of the pensionable salary) Before AHV retirement age: Adjustments of pensions to the nominal wage index After AHV retirement age: Adjustment to the national consumer price index All information without guarantee. Status: January 2018.

Financing Contribution rates AHV/IV mployee and employer jointly AHV: 8.4 %, 1.4 %, O: 0.45 % Self-employed individuals AHV/IV/O: 5.196 % 9.65 % Individuals without gainful employment Depending on assets, min. CHF 478, max. CHF 23,900 (considered as paid if the gainfully employed spouse, who is not yet eligible for a retirement pension, has paid at least twice the minimum amount). L None Financial basis mployer and employee each pays half Self-employed individuals Individuals without gainful employment Public assistance No upper threshold for salaries subject to contributions (no salary maximum) Federal government and cantons B structure From age 25 7 18 % of the pensionable salary for retirement credits 0.1 % for supplements in case of an unfavorable age 0.005 % for insolvencies, other payments into the Guarantee Fund as well as contributions for risk insurance (death and disability) and administration costs The occupational benefits institution defines the contribution amounts so that the employer s contribution equals at least the total in contributions of its employees. U For occupational and non-occupational accidents, companies are divided into risk classes. ach risk class has different risk levels. Premiums for: Non-occupational accidents are debited from employees Occupational accidents are debited from employers Salary subject to premiums limited to CHF 148,200 (maximum salary) K Mandatory healthcare Premiums, irrespective of gender or age on enrollment Lower premiums for children until their 18th birthday as well as for young people between the age of 19 and 25 Cantonal and regional levels Daily benefits insurance Based on special age levels Up to CHF 148,200: 2.2 % of the pensionable salary. For higher incomes, an additional solidarity contribution of 1 % for salary components starting from CHF 148,201 Mandatory healthcare Premiums of insured persons, cost participation in the form of an annual excess and deductible for out-patient and inpatient treatments Contributions by the federal government and the cantons to lower the premiums for insured persons on a low income Daily benefits insurance Premiums of insured persons mployee and employer ach pays half of the contributions M None Federal government O mployee and employer Jointly: 0.45 % for O mployee and employer ach pays half of the contributions.

and insurance matters demand individual attention. AXA shows you fresh alternatives and delivers relevant solutions. Arrange for an advisory meeting without obligations still today. This is only a translation, in case of legal disagreements the original German version alone is binding. AXA Winterthur General-Guisan-Strasse 40 P.O. Box 357, 8401 Winterthur 24 -hour telephone: 0800 809 810 AXA Life Ltd 14902N 2018-01 D www.axa.ch www.myaxa.ch (client portal)