The Vita Classic retirement provision model is characterised by the direct and balanced participation of the insured in the investment income. This benefits them in the form of additional interest calculated according to a transparent mechanism.
The retirement provision model is explained in the brochure "Key facts at a glance" and and in the fact sheet “Vita Classic retirement provision model”.
The overall interest earned in the case of the Vita Classic retirement provision model consists of a base interest rate and a share in the maximum additional interest. The base interest corresponds to the legally determined minimum interest. If the coverage ratio amounts to at least 102% on the effective date at the end of November, additional interest is paid.
The share in the maximum additional interests is dependent on how long the company has been affiliated with the Vita Collective Foundation. Thanks to the high investment income in past years, customers of the Vita Collective Foundation have benefited from total interest earned that is higher than average.
Retirement provision affiliation annually | ||||||||
Interest | 2020 or earlier* | 2021 | 2022 | |||||
---|---|---|---|---|---|---|---|---|
2022 | Total interest earned | 2.50% | 1.70% | 1.00% | ||||
Base interest | 1.00% | 1.00% | 1.00% | |||||
Additional interest | 1.50% | 0.70% | 0.00% | |||||
* Customers with contracts commencing before 01.01.2018 will receive the last interest tranche of 0.40% from the previous pension model and thus a total interest rate of 2.90%. |
Affiliation in | |||||||
Total interest earned in % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|---|---|
2021 |
BVG mandatory retirement savings | 1.40 | 1.40 | 1.40 | 1.00 | 1.00 | 1.00 |
Super-mandatory retirement savings | 1.40 | 1.40 | 1.40 | 1.00 | 1.00 | 1.00 | |
2020 |
BVG mandatory retirement savings | 1.50 | 1.40 | 1.40 | 1.00 | 1.00 | 1.00 |
Super-mandatory retirement savings | 1.50 | 1.40 | 1.40 | 1.00 | 1.00 | 1.00 | |
2019- | BVG mandatory retirement savings | 2.40 | 1.40 | 1.40 | 1.00 | 1.00 | - |
Super-mandatory retirement savings | 2.65 | 1.65 | 1.65 | 1.25 | 1.25 | - | |
2018 | BVG mandatory retirement savings | 2.40 | 1.40 | 1.40 | 1.00 | - | - |
Super-mandatory retirement savings | 3.15 | 2.15 | 2.15 | 1.75 | - | - | |
2017 | BVG mandatory retirement savings | 2.00 | 1.00 | 1.00 | - | - | - |
Super-mandatory retirement savings | 2.50 | 1.50 | 1.50 | - | - | - | |
2016 | BVG mandatory retirement savings | 2.25 | 1.25 | - | - | - | - |
Super-mandatory retirement savings | 3.00 | 2.00 | - | - | - | - | |
2015 | BVG mandatory retirement savings | 2.65 | - | - | - | - | - |
Super-mandatory retirement savings | 3.40 | - | - | - | - | - |
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|---|---|
BVG minimum interest rate in % | 1.75 | 1.25 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|---|---|
BVG minimum interest rate in % | 1.75 | 1.25 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |