BVG insured salary

The BVG insured merit option field contains 3 selection fields:

blank (empty)

retroactively

presumably

With the help of this solution, the insurer can receive the estimated annual salary report (BVG - base per person) at the beginning of the year from the payroll accounting using ELM. It identifies the BVG insured merit (BVG salary) and employee’s contributions per person (the employer’s contributions are optional). The BVG contributions are electronically retrieved by the insurer and imported into the payroll account.

For retrospective or foreseeable consideration of a salary type, a wage type control extension is required. The BVG base is used to calculate future insured annual earnings -> see also ‘Salary subject to BVG’. Expected and/or past wage components are taken into account.

Retrospective consideration = previous year January to December (irregular allowances (shift, overtime, commission, etc.) or hourly salary)

Foreseeable consideration = current year January (monthly salary and regular allowances extrapolated to the calendar year)

The respective pension regulations determine the salary types to be insured for the BVG and the types that are not. There is no uniform approach in Switzerland. The salary type is assigned in the BVG insured merit field. In practice, it is likely that the option value will mainly be used, as most companies calculate the BVG annual salary by multiplying the salary by 12 or 13 parts. Irregular benefits like shift bonuses, etc. are rater rarely included in the BVG annual salary base.