With a simple formula you can calculate your pension points per insurance year yourself!

For each employee subject to a pension promise, pension points are calculated on the basis of the pensionable income.

How to calculate your occupational pension yourself:

Add up the pension points acquired in the compulsory insurance scheme, including the pension points originating from the starting credit and your bonus points.
pension points from the starting credit
+ pension points from pensionable income
+ any pension points from social components
+ any bonus points
= Total of all pension points

 

The reference income is an actuarial operand established by the parties to the collective labour agreement for calculating the pension points. It amounts to EUR 1,000.00.

The age factor (see §36 par. 3 VBL Statutes) is an operand which, with regard to the pension promise, includes the interest effects of the (notional or fictitious) contribution payment on which the points model is based. The younger the employee is, the higher the value given to the pension points, because the interest accrual period is longer. The age factor takes into account an annual interest rate of 3.25 % during the deferred entitlement/claim phase and 5.25 % while the pension is being drawn. It is based on the following table. The age is deemed to be the difference between the current calendar year and the year of birth.


Table of the age factor

Age Factor Age Factor
17 3,1 41 1,5
18 3,0 42 1,4
19 2,9 43 1,4
20 2,8 44 1,3
21 2,7 45 1,3
22 2,6 46 1,3
23 2,5 47 1,2
24 2,4 48 1,2
25 2,4 49 1,2
26 2,3 50 1,1
27 2,2 51 1,1
28 2,2 52 1,1
29 2.1 53 1,0
30 2,0 54 1,0
31 2,0 55 1,0
32 1,9 56 1,0
33 1,9 57 0,9
34 1,8 58 0,9
35 1,7 59 0,9
36 1,7 60 0,9
37 1,6 61 0,9
38 1,6 62 0,8
39 1,6 63 0,8
40 1,5 ab 64 0,8