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UPDATED JUN 16, 2026Toku provides mandatory social insurance benefits in Switzerland in compliance with local regulations. This includes:
- Occupational Pension (BVG / OPA) through AXA
- Accident Insurance (UVG) for work-related and non-work-related accidents Both benefits are required under Swiss law and are provided automatically through your employment.
Summary of Swiss Pension Plan (AXA BVG / OPA)
Toku partners with AXA Life Ltd, a licensed Swiss pension provider, to administer the company’s occupational pension plan.
Employees who meet the eligibility criteria are enrolled automatically. No action is required unless otherwise communicated.
Plan Overview
| Item | Details |
|---|---|
| Pension Provider | AXA Life Ltd |
| Plan Type | Occupational Pension (BVG / OPA) |
| Plan Number | 500405 |
| Effective Date | June 1, 2024 |
| Standard Retirement Age | 65 |
| (with transitional provisions for women born 1961 - 1969, contact [email protected] for your specific date) | |
| Early Retirement | From age 58 |
Eligibility & Enrollment
You are automatically enrolled in the pension plan if you:
- Are 17 years or older
- Earn more than CHF 22,680 per year
- Have an employment contract of at least 3 months
Pensionable Salary
Pension contributions are calculated based on your pensionable salary, not your full gross salary.
- Coordination Deduction: CHF 26,460
- Maximum Insurable Salary: CHF 90,270
- Pensionable Salary:
- Gross annual salary minus the coordination deduction Example:
If your gross salary is CHF 80,000 → pensionable salary = CHF 53,540
Only the pensionable portion is used to calculate contributions and benefits.
Contribution Overview
Pension contributions are shared equally between you and your employer.
| Age Group | Total Contribution | Employee Share | Employer Share |
|---|---|---|---|
| 25 - 34 | 12% | 6% | 6% |
| 35 - 44 | 14% | 7% | 7% |
| 45 - 54 | 19% | 9.5% | 9.5% |
| 55 - 65 | 22% | 11% | 11% |
Contributions are deducted automatically from your monthly payroll.
Summary of Pension Benefits
The sections below provide an overview of the benefits included in the AXA pension plan.
Retirement Benefits
- Monthly contributions build your retirement capital
- At retirement, you may choose between:
- A monthly lifelong pension, or
- A lump-sum withdrawal (subject to plan rules)
- Retirement capital earns interest, determined annually in line with BVG requirements and market performance
Disability Coverage
If you become unable to work due to illness or accident:
- You may receive a disability pension
- AXA continues paying pension contributions on your behalf
- Your retirement savings continue to grow during disability
Survivor & Family Benefits
In the event of death, the plan may provide:
- Spouse or partner pension
- Orphan’s pension
- Lump-sum death benefit, where applicable Benefits depend on personal circumstances and plan rules.
Summary of Swiss Accident Insurance (UVG)
All employees in Switzerland are covered under mandatory Accident Insurance (UVG).
Coverage applies automatically from your first day of employment.
What UVG Covers
UVG provides coverage for:
- Work-related accidents
- Commuting accidents
- Non-work accidents (if you work at least 8 hours per week)
- Occupational diseases Coverage applies both during working hours and personal time.
Premium & Cost Overview
| Coverage Type | Paid By |
|---|---|
| Occupational Accident Insurance | Employer (100%) |
| Non-Occupational Accident Insurance (NBU) | Employee (via payroll deduction) |
Coverage After Employment Ends
- UVG coverage continues for 30 days after employment ends
- Coverage can be extended by purchasing Abredeversicherung directly with the insurer (useful if you are between jobs)
How to Report an Accident
If you experience an accident:
- Inform your manager or HR as soon as possible
- Submit medical certificates promptly
- HR will coordinate directly with the accident insurer on your claim
Need Help?
If you have questions about your Swiss pension or accident insurance coverage, please contact the Toku Benefits Team: