The Swiss pension system simply explained

The Swiss pension system simply explained

Swiss retirement planning is based on a three-pillar system providing state, occupational, and private pensions as provision for old age. The state pension scheme together with occupational retirement planning as provided by employers are grouped together in the first two pillars. The third pillar is a purely private form of pension provision.

Why is a private pension so important today?


An adequate private pension is the ideal – and indeed essential – way to avoid shortfalls in your pension provision. While rising life expectancy may provide us with new and exciting lifestyle opportunities as we grow older, the ageing population is also stretching state and occupational pension coffers to their limits. This means that we all need to accept more personal responsibility for our pensions so that we can all enjoy the full benefits of retirement.

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Timing of retirement planning

Do you want to learn more about the best time to start a private pension plan and find out about the various pension solutions?