2nd Pillar - Occupational benefits (LPP)
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The 2nd pillar, or occupational pension provision, is essential to ensure a decent standard of living in retirement and in the event of disability. It is financed by contributions shared between employers and employees, and invested to build up retirement capital.
Prestations offertes :
- Retirement :
Monthly annuity or lump-sum at retirement.
- Disability :
Pension proportional to degree of disability.
- Death :
Annuity paid to next of kin.
- Optimization :
Companies can improve LPP conditions for their employees, helping to attract and retain talent while complying with legal obligations.
