FUTURA A to Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Conversion rate + -

What is the conversion rate?

The conversion rate determines how the retirement assets are converted into a lifelong pension at the reference age.

At FUTURA, the conversion rate is defined for the coming years. In the event of early or deferred retirement, the conversion rate is reduced or increased by -/+ 0.2% p.a. in each case. The conversion rates are interpolated to the nearest month on the basis of the effective age at retirement.

Further information on the conversion rate can be found here:

TO THE KEY FIGURES to "calculation of the pension"

Unpaid vacation + -

Am I still BVG if I take unpaid leave?

In the event of unpaid leave, the entire pension plan (savings & risk) or just the risk insurance can be continued for a maximum of 12 months. The premium financing is generally at the expense of the insured person.

If no contributions are paid, the risk cover is also interrupted. In the event of a claim, there is no entitlement to benefits with the exception of the lump-sum death benefit, which corresponds to the existing retirement assets.

The start and end of unpaid leave must be notified to the Foundation in writing.

It is important to obtain information from the pension fund before taking unpaid leave and, if necessary, to take measures to maintain insurance cover and savings.

TO THE FORM