Skip navigation
Skip navigation
Saving for retirementPlan informationHow much does it cost?JoiningTransferring out

Starting out

It’s important to know which plan you are in, and how it works.

The following information applies to all employees who joined IMI on or after 1 April 2019. If you joined before then, you may be a member of a different plan. See Legacy schemes.

Your account builds up from contributions (from you and IMI) and investment returns, so how much money you will have when you retire depends on:

  • how much IMI puts in;
  • how much you put in; and
  • how your investments perform.

Joining a plan

The Base Plan covers your salary up to 129,060 CHF (insured is the total salary minus a coordination offset)

The 1e Plan covers the part of your salary that exceeds 129,060 CHF up to a maximum of 860,400 CHF

These limits are applicable for the year 2021.

You and IMI pay into your account

Contributions into your retirement savings account depend on your age and – within the base plan – on which contribution option you choose (see How much does it cost?).

In the Base Plan, you and IMI make monthly contributions into a retirement savings account:

  • You pay half; and
  • IMI pays half.

In the 1e Plan, you and IMI make monthly contributions into a retirement savings account:

  • You pay 40%; and
  • IMI pays 60%.

You receive disability and death benefits

In the event of death or disability, you or your survivors would be entitled to the following benefits.

In the Base Plan:

If you are 18 or older, you or your survivors receive disability and death benefits. You pay half the risk premiums and your employer pays half.

In the 1e Plan:

If you are 18 or older, you or your survivors receive disability and death benefits:

  • You pay 40% of risk premiums; and
  • your employer pays 60%.

You retire

You then choose how you’d like to access your retirement savings.

In the Base Plan:

  • When you retire you receive a monthly pension out of your retirement savings. However, you have the option to take your retirement savings as a lump-sum payment of between 10% and 100% of your account value.
  • Your normal retirement age is 65. However, you can retire as early as age 58 or as late as age 70.

In the 1e Plan:

  • When you retire, you receive your total retirement savings in the form of a lump-sum payment.
  • Your normal retirement age is 65. However, you can retire as early as age 58 or as late as age 70.

Transfer money in

If your account balance allows, you can also transfer your personal savings into your retirement savings account – this is called an ‘Additional Voluntary Contribution’. You can find more information about this on the ‘Are you on track?’ page.

This site uses cookies to deliver its services.

Read more Close