Third Pillar
Old-age insurance and occupation pensions are obligatory. It is also possible to contribute to individual schemes above and beyond them, hence the term Third Pillar. Money saved in them can be deducted from taxes. The maximum annual payment is SFr6,192 for employees and SFr30,960 for the self-employed. The capital is blocked until retirement age is reached but it can be withdrawn earlier if buying a home.
More
Roger Federer is not eternal, but he changed tennis forever
More
Hacked chats expose questionable methods used by Swiss and Brazilian prosecutors
More
Swiss bank fined for helping French ex-minister evade taxes
More
Progress towards gender equality in Swiss academia remains slow
More
How do you get Swiss youngsters to vote?
In compliance with the JTI standards
More: SWI swissinfo.ch certified by the Journalism Trust Initiative
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.