I asked mine and was shocked to discover its performance is a whopping 1% per year (the exact rate is voted each year at the end of the year for the year that just finished).
That’s… nothing at all! And they charge a combined 10–15% fee between my employer and me on each monthly deposit.
Am I getting the shittiest of second pillars or are these normal numbers?
I’m also trying to understand if you can “cash out” your second pillar upon leaving Switzerland permanently and if you’re getting only the sums you paid in, or the ones you and your employer paid in, and whether that’s with or without interest?
Or if the money paid into the second pillar is deducted from your income or if it’s taxed as part of your income.