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Pension Scheme Trust Deed
"I need a Pension Scheme Trust Deed for a newly established Swiss manufacturing company with 200 employees, planning to implement a standard BVG-compliant pension scheme starting from January 2025, with basic statutory benefits only."
1. Parties: Identifies the founder(s), initial trustees/foundation board members, and any other initial parties to the deed
2. Background: Sets out the context and purpose for establishing the pension scheme
3. Definitions: Defines key terms used throughout the deed
4. Establishment and Purpose: Formally establishes the pension foundation and sets out its primary objectives in accordance with Swiss law
5. Foundation Board: Details the composition, appointment, removal, and duties of the foundation board members
6. Administration and Management: Outlines the basic administrative structure and management responsibilities
7. Membership: Defines eligibility criteria and conditions for scheme membership
8. Contributions: Specifies the contribution structure and payment obligations
9. Benefits: Details the types of benefits provided and conditions for their payment
10. Investment Powers: Sets out investment powers and restrictions in line with BVV2/OPP2 requirements
11. Amendments: Procedures for amending the deed and limitations on amendments
12. Termination and Winding Up: Circumstances and procedures for scheme termination
13. Governing Law and Jurisdiction: Confirms Swiss law application and jurisdiction
1. Employer Obligations: Additional section needed when multiple employers participate in the scheme
2. International Provisions: Required when the scheme has international elements or members abroad
3. Risk Benefits: Detailed section needed when the scheme provides additional risk benefits beyond the mandatory minimum
4. Bonus and Surplus Distribution: Required when the scheme includes provisions for distributing investment surpluses
5. Alternative Investment Strategies: Needed when offering investment choice to members
6. Data Protection: Detailed section required when handling data across borders or with external providers
7. Partial Liquidation: Required for larger schemes with potential for partial liquidation scenarios
1. Schedule 1 - Definitions: Detailed definitions and technical terms
2. Schedule 2 - Foundation Board Procedures: Detailed procedures for board meetings and decision-making
3. Schedule 3 - Contribution Rates: Current contribution rates and calculation methods
4. Schedule 4 - Benefit Calculations: Technical details of benefit calculations and conversion rates
5. Schedule 5 - Investment Guidelines: Detailed investment restrictions and guidelines
6. Schedule 6 - Administrative Procedures: Detailed administrative and operational procedures
7. Schedule 7 - Fee Schedule: Current administrative and management fees
8. Appendix A - Registration Documents: Copies of regulatory registrations and approvals
9. Appendix B - Actuarial Basis: Technical actuarial assumptions and methods
Authors
Financial Services
Manufacturing
Technology
Healthcare
Retail
Professional Services
Education
Construction
Hospitality
Transportation
Energy
Telecommunications
Pharmaceutical
Real Estate
Non-Profit Organizations
Human Resources
Legal
Finance
Compliance
Risk Management
Treasury
Board of Directors
Executive Management
Operations
Company Secretariat
Employee Benefits
Compensation and Benefits
Chief Executive Officer
Chief Financial Officer
Human Resources Director
Pension Fund Manager
Legal Counsel
Compliance Officer
Risk Manager
Finance Director
HR Manager
Benefits Manager
Compensation Specialist
Treasury Manager
Board Member
Company Secretary
Operations Director
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