The Johnson & Johnson pension fund offers attractive performance

The Johnson & Johnson Staff Provision Foundation runs a pension fund to provide for the employees of Swiss branches of Johnson & Johnson in a professional manner. As well as offering the legally required level of protection, the pension fund also goes considerably further in many respects:

If you pay into the fund for the maximum possible time, the old-age pension may reach 70% of insured income. The right to receive an old-age pension begins at the earliest after 62 years of age, or on reaching the retirement age for old-age and dependents’ insurance.

The Johnson & Johnson pension fund is a provision foundation with a defined benefit plan. The advantages of a defined benefit plan are that payments in old age are in ratio to the salary and to the number of years of service set in advance, and are therefore highly valuable. Salary increases over the years are taken into account.

At the moment, around 2,200 staff are insured by the pension fund. 300 people are in receipt of a pension (old-age, disability and dependents’ pensions).