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Re: swiss-list: Pension funds in Switzerland

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From: Bela Ban (click for textversion of email address )
Date: Wed Jun 07 2000 - 00:26:24 PDT

Camille Stebler wrote:

> Hi everybody!
>
> I also transferred my 2nd pilar money to a "Freizuegigkeitskonto"
> before leaving Switzerland. But my Bank (Raiffeisen) offers the
> possibility to invest this money in mutual funds. The Pension Invest
> 50 invests about 50% of the money in stocks (worldwide). The
> performance in 1999 was 11.91%, which is much better than the usual
> 3-4% of a bank account ("Freizuegigkeitskonto") and I didn't have to
> transfer my pension fund and pay all the taxes.

Is this before taxes (like the 401K plan) ? If yes, what's the maximum
contribution per year ? 

--
Bela Ban, Fujitsu Network Communications
(408) 895-1732

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