Admission

Mitarbeitende mit Schweizer Arbeitsvertrag sind obligatorisch bei den Pensionskassen Novartis unter folgenden Voraussetzungen versichert:

  • mit unbefristeter Vertragsdauer oder
  • einer befristeten Vertragsdauer von mehr als drei Monaten und
  • einem Jahres-Basislohn von mindestens CHF 21’510

From the age of 17 years, you are insured against the financial consequences of disability or death. From the age of 25, insurance cover begins for retirement benefits and the establishment of the necessary pension capital.

In the month when you join the company, you will receive a letter with a pension statement that will show your insured benefits. Any vested benefits from previous pension schemes will be confirmed separately after receipt.

Novartis Pension Fund 1

Novartis Pension Fund 1 insures your entire income up to a value of CHF 150,000 per annum. The savings process for retirement benefits here is built up as a defined contributions plan. The level of contributions depends on your age. The standard contributions of employer and insured member are financed in the ratio 2:1. However, the insured member has the option of raising or lowering the employee’s contribution by 2% at any time.

From the age of 40, a savings plan will also be established from which a temporary bridging pension will be paid until the statutory (AHV) age of retirement in the event of early retirement or from which the assets can be withdrawn in the form of a lump sum.

Benefits are paid out in the form of pensions and/or a lump sum.

Novartis Pension Fund 2

Novartis Pension Fund 2 insures components of pay above CHF 150,000 per annum. The savings process for retirement benefits here is built up as a defined contributions plan. For the investment of individual assets you have six investment strategies to choose from.

The level of contributions depends on your age. The standard contributions of employer and insured member are financed in the ratio 2:1. However, the insured member has the option of raising or lowering the employee’s contribution by 2% at any time.

Benefits are paid out exclusively in the form of a lump sum.

Novartis Management Pension Fund

Employees with a base salary in excess of CHF 220,000 per year are insured in the Management Pension Fund.  The savings process for retirement benefits here is built up as a defined contributions plan. For the investment of individual assets you have six investment strategies to choose from. The contributions are independent of age.

Benefits are paid out exclusively in the form of a lump sum.