Change salary

Change salary

This is how you proceed in case of a change to an annual salary

The reported annual salary of the insured person determines the level of the insured benefits. Employers are required to report changes in employees' annual salary.

In detail

The reported annual salary of the insured person determines the level of the insured benefits. This means that if there is any change in the salary of an employee, generally their insured benefits will change, as will the monthly premiums for the employer and the employee. Therefore, it is important that any salary adjustments be reported promptly.

The reported annual salary must always correspond to the probable AHV annual salary – calculated on the basis of the full calendar year.

Example:

  • Start for insured person: November 1
  • Monthly salary: CHF 4,000
  • Reported annual salary: CHF 48,000 (to be paid in twelve monthly installments)

The premium and the contributions for the insured person will be charged pro rata from November 1.

Online employee pension plan

As simple as e-banking

  • Manage your contracts and data regarding pension planning
  • Plan your liquidity on a basis of a daily updated balance
  • Calculate comfortably the contribution for new employees online

What might also interest you