What is the BVG / LPP pension plan that you need for your nanny?

BVG / LPP (Second Pillar Pension)

This is a Occupational Benefits plan and is compulsory if your nanny earns more than         21 060CHF per annum or 1755CHF per month – the employer will be responsible for taking out a second pillar pension for the employee. This premium is paid in equal parts monthly by both employer and employee.  Fo more information, please take a look at this link with relevant information – Meaning and Objectives of Occupational Pensions Funds

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