Navigation

Skiplink Navigation

Main Features

Social insurance system debate to start

The country's ageing population has prompted a review of the national pension system

(Keystone Archive)

The Swiss parliament is set to debate changes to Switzerland's compulsory social insurance system.

Changes to the so-called "second pillar" of Switzerland's pension system are designed to cope with increased life expectancy and the growing number of part-time workers.

The Swiss second pillar scheme guarantees that individuals receive an annual income worth at least 60 percent of their final salary upon retirement.

The scheme also forms the second of a three-pillar social security system, sitting above the country's basic pension scheme (AHV). People can also make voluntary contributions to so-called "third pillar" private retirement funds.

Changes to Switzerland's demographic make-up - chiefly an ageing population - have prompted a re-evaluation of many details within the system.

Because retirees are living longer, more funds are needed to provide an adequate standard of living.

swissinfo


Links

Neuer Inhalt

Horizontal Line


swissinfo EN

The following content is sourced from external partners. We cannot guarantee that it is suitable for the visually or hearing impaired.

Join us on Facebook!

subscription form

Form for signing up for free newsletter.

Sign up for our free newsletters and get the top stories delivered to your inbox.







Click here to see more newsletters