Social Security Flashcards
AHV: Old-Age and Survivors Insurance (1st Pillar) - Insured persons
Compulsory for anyone working or living in Switzerland from 1st January the year following their 17th/20th birthday until retirement age.
AHV: Old-Age and Survivors Insurance (1st Pillar) - Contributions
- Salaried Employees - 4.35% of income
- Employers - 4.35% of income
- Self-employed - 8.1% of income
- Unemployed - between CHF 422 & CHF 21,000 pa
AHV: Old-Age and Survivors Insurance (1st Pillar) - Benefit Conditions
Retirement Age: 65 for men and women
Early retirement: max 2 years
AHV: Old-Age and Survivors Insurance (1st Pillar) - Benefits
- Full monthly pension - CHF 1,225 - CHF 2,450 (capped at 3,675 for married couples)
- If children then additional 40% (60% if both parents retired)
- Widows - 80% old age pension
IV: Disability Insurance (1st Pillar) - Insured persons
Compulsory for anyone working or living in Switzerland from 1st January the year following their 17th/20th birthday until retirement age.
IV: Disability Insurance (1st Pillar) - Contributions
- Salaried Employees - 0.7% of income
- Employers - 0.7% of income
- Self-employed - 1.4% of income
- Unemployed - between CHF 68 & CHF 3,400 pa
IV: Disability Insurance (1st Pillar) - Benefit Conditions
- Rehab measures fail
- > 18 years old
- > 40% incapacity for work over a one-year period
- > 3yrs contribution prior to onset of disability
IV: Disability Insurance (1st Pillar) - Benefits
- Full monthly pension - CHF 1,225 - CHF 2,450 (capped at 3,675 for married couples)
- 40% - 49% disability = 25% - 47.5% full pension
- 50% - 69% disability = % of pension corresponds to degree of disability
- > 70% disability = full pension
Additionally, there is a helplessness allowance for living assistance costs
BVG: Occupational Benefit Plan (2nd Pillar) - Insured Persons
Compulsory for salaried employees subject to AVS, who are paid by the same employer and have a salary >CHF 22,050.
Death and Invalidity: 1st Jan after 17th birthday
Old-age: 1st Jan after 24th birthday
BVG: Occupational Benefit Plan (2nd Pillar) - Contributions
Varied rates depend on the institution. Must be above 3.5% and must be matched by employer.
Insured salary between CHF 25,725 and CHF 88,200
BVG: Occupational Benefit Plan (2nd Pillar) - Benefit Conditions
Old age retirement Age: 65 for men and women
Disability: >40% disability
BVG: Occupational Benefit Plan (2nd Pillar) - Benefits
Old age: 6.8% of capital assets pa
Disability: Full pension = 6.8% of extrapolated old age assets
PP 3a: Private pension (3rd pillar a) - Insured persons
Voluntary for all
Salaried: tax deductible up to CHF 7,056
Self-employed: tax deductible 20% of earned income up to a maximum of CHF 35,280.
UVG: Accident and Occupational Diseases Insurance - Insured Persons
Everyone who is in gainful employment is insured against occupational and non-occupational accidents and occupational diseases. Part time <8hrs per week are only insured against occupational problems.
UVG: Accident and Occupational Diseases Insurance - Contributions
% of max CHF 148,200 paid by employee and employer
UVG: Accident and Occupational Diseases Insurance - Benefits
- Medical treatment
- Cash benefits:
- Daily cash benefit of 80% of insured salary (3rd day after accident)
- Disability pension 80% of insured salary for full invalidity (min. 10% disability)
- Intergrity allowance - lump sum
KVG: Health insurance
Compulsory for anyone living in Switzerland. Free choice of provider and no cash benefits.
EO: Service and Maternity - Insured persons
Compulsory for anyone working or living in Switzerland from 1st January the year following their 17th/20th birthday until retirement age.
EO: Service and Maternity - Contirbutions
- Salaried Employees - 0.25% of income
- Employers - 0.25% of income
- Self-employed - 0.5% of income
- Unemployed - between CHF 24 & CHF 1,200 pa
EO: Service and Maternity - Service entitlement
For individuals serving in the Swiss army or carrying out a civil service or a civil defense service
EO: Service and Maternity - Service benefits
- Basic allowance: 80% of average income (CHF 69 - 220 daily)
- Child allowance: CHF 22 per day
- Childcare allowance: actual costs
- Business allowance: CHF 75 per day if running a business
EO: Service and Maternity - Maternity/paternity entitlement
Paid employees with AVS cover for 9 months preceding the delivery and work for 5 months during this period.
EO: Service and Maternity - Maternity/paternity benefits
Mother: Begins on the day of delivery for 98 days of until gainful employment resumed.
Father: 14 days within the 6 months following birth.
80% of average income earned up to a maximum of CHF 220 per day.
ALV: Unemployment Insurance - Insured Persons
Compulsory for anyone in gainful employment and insured under the AVS scheme. Self-employed are NOT covered.
ALV: Unemployment Insurance - Contributions
Employer and employee pay 1.1% each on insured income up to CHF 148,200 per year.
ALV: Unemployment Insurance - Benefit conditions
Must be employed and paying contributions for at least 12 months during the two-year period immediately prior to unemployment.
ALV: Unemployment Insurance - Benefits
- Daily allowances of 70% of insured salary (80% for some)
- Usually a maximum of 400 allowances over 2 years (but can range from 90-640)
FamZ: Family allowances - Insured persons
Salaried employees with children <16yrs (or 25yrs if in education)
Same for the self-employed.
FamZ: Family allowances - Contributions
Varied between Cantons - usually 2-3% and paid by the employer.
FamZ: Family allowances - Benefits
CHF 200 per child per month up to the age of 16.
CHF 250 per child per month for children in education from 16-25.
One allowance per child with priorities when both parents are eligible.
