Switching pension fund is a strategic decision that requires careful planning, legal precision, and a seamless implementation. smzh ag guides you through the entire process and ensures that all deadlines are met and you achieve the best terms for your business.
Before giving notice to the current pension fund, the new provider is selected to ensure a seamless transfer and continuity of benefits.
Final provider selection:
Comparison of the best options based on costs, benefits, and long-term stability.
Negotiations with providers to secure optimal conditions for your business.
Detailed examination of the contract to avoid pitfalls.
Contract conclusion & registration:
Signing of the new pension fund contract.
Formal registration of all employees with the new provider.
Important: The new provider must be defined early to cancel the current pension fund contract on time by June 30.
Keep an eye on the notice periods:
Most pension fund contracts incorporate a notice period of six months and are cancellable by year-end.
To ensure switching by January 1, 2026, the existing contract must be cancelled no later than June 30, 2025.
If this notice period is missed, a switch is only possible by January 1, 2027.
Formal cancellation:
smzh ag draws up the official termination letter and makes sure that it is submitted on time.
Request confirmation of termination receipt from the former pension fund.
A pension fund switch concerns all employees – it is key to communicate transparently and clearly.
Communication measures:
Written information to all employees explaining the reasons for the switch and the advantages of the new pension fund.
FAQ document providing answers to frequently asked questions (e.g., "What changes for me?", "Will my savings be safe?").
Information events (online or on-site) including smzh pension specialists to explain the new pension fund regulations.
Goal: Inform employees early, allay concerns, and foster approval.
Ensure seamless transfer:
Coordination between old and new pension fund to ensure a seamless transfer of savings.
Monitor continuation of benefits to ensure that all employees are insured without interruption.
Ensuring the correct pension calculations:
Examine whether all entitlements have been transferred correctly.
Clarify special cases (e.g., ongoing disability benefit payments).
Important measures ahead of introduction:
Individual trainings for HR and finance teams to manage the new pension fund.
Employee seminars conducted by smzh ag to explain the new benefits in an understandable way.
Possibility to give personal advice to employees (e.g., in one-to-one conversations or online consultations).
Goal: All employees understand the new pension fund solution and companies can manage their new pension fund efficiently.
Long-term support by smzh ag:
Regular review of pension fund performance (costs, benefits, payment of interest).
Annual evaluation and market comparison to recognize potential for optimization early.
Adjustment to legal changes to remain compliant.
Additional advantage: In case of changes in management structure (e.g., due to growth, mergers, new locations), the pension fund solution can be adjusted flexibly.
In sum: Act now to ensure the best pension fund solution by the next date possible.
Machen Sie den ersten Schritt in eine effizientere, kostengünstigere und leistungsstärkere Pensionskassenlösung.
