Livica Update
The revision of the Invalidity Insurance Act (InvIA) is going to have an impact on the Pension Regulations. The partial liquidation resulting from the withdrawal of Dassault Aviation Business Services has been completed. The pensions of the “Pensioners” pension plan will not be adjusted for inflation.
Changes to the Pension Regulations as of 1
January 2022
The
Federal Council enacted the legislation on the further development of the IV as
of 1 January 2022. In particular, it provides for more detailed gradations of
the invalidity pension. The Invalidity Insurance Act has corresponding effects
on the Occupational Pensions Act (OPA). As a result, the Pension Regulations
have to be amended as regards invalidity. Transitional provisions apply to
people drawing an invalidity pension whose entitlement existed prior to 1
January 2022.
The rules concerning parital retirement from the age of 58 will also be amended. Partial retirement will still be possible from the age of 58. However, the restriction whereby the option of taking partial retirement ends on reaching the ordinary retirement age will be lifted.
Until now, it was the case that any voluntary continued insurance after being made redundant by your employer ended automatically if contributions were not paid for at least two months. Due to a regulatory provision, the automatism will now be deleted from the regulations. In future, the Foundation will issue express notice of termination
No pension increase in 2022
The affiliated pension fund pensioners was founded as of 1 January 2020. Pension increases
can only be financed by pension plan surpluses. A longer observation period is
required for any distribution. That is why the pensions will not be adjusted
for inflation in 2022.
Advance notice
Our offices will be closed from 24 December
2021 up to and including 2 January 2022.