Leaving formalities
Has your employee resigned? As an employer, you must inform your employee about their insurance cover after termination of employment! By Hansjürg Reber, banking expert, financial planner, social insurance specialist and editor at Beobachter specializing in retirement provision.
Pension fund
The employee is insured against death and disability in the previous pension fund for one month after leaving the job. If he dies during the subsequent coverage period, his surviving dependants will receive a widow's, widower's or orphan's pension. If he falls so seriously ill within a month of leaving his job that his illness leads to permanent disability, he will receive a pension fund disability pension. If your employee does not start a new job within a month or register with the employment office, inform them that they should take out voluntary insurance with the BVG Substitute Occupational Benefit Institution (www.aeis.ch).
If the pension fund has received instructions from the insured person as to where the vested benefit assets should be transferred, it must transfer the assets within 30 days, otherwise the fund will owe interest on arrears.
Accident insurance
After termination of the employment relationship, the employee is still insured against accidents for 30 days. If he starts a new job later or does not register with the employment office within the 30 days, there will be a gap in cover. Advise them that they can take out interim insurance or must take out accident cover with their health insurance company. Inform the employee while he is still employed and arrange for the premium for the interim insurance to be paid while he is still employed.
Daily sickness benefits insurance
As an employer, you are obliged under the Swiss Code of Obligations to pay your employee's salary for a limited period if the employee is unable to work due to illness. If you have taken out group daily sickness benefits insurance for your employees, an employee who leaves your company can transfer from the group to the individual daily sickness benefits insurance. In this case, make the employee aware of the transfer. Give them the necessary transfer form and make sure that the daily allowance insurer receives it. Remember that a transfer is generally still possible for 1-3 months after the end of the employment relationship.
As an employer, you have a duty to provide information on insurance cover following the termination of an employment relationship. It is therefore advisable to provide your employees with a leaflet containing all the key insurance information when they start work.
Book tip
Labor law by Irmtraud Bräunlich Keller
This new handbook from the Beobachter employment law specialist provides a clear overview. What should be included in an employment contract? How do I give notice correctly? What about overtime? What to do in the event of a pay cut? The new standard work answers all questions, contains easy-to-understand information, concrete examples, tips as well as legal principles and groundbreaking court rulings.
272 pages, paperback, 10th, updated edition 2009, Beobachter-Buchverlag, ISBN 978-3-85569-412-9, Fr. 36.-.

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