The Swiss pension system and your retirement plan

Switzerland has one of the most solid pension systems in the world — three complementary pillars.

First pillar: AHV/AVS

Mandatory for all residents. Maximum pension 2025: CHF 2,520/month — but only with 44 years of contributions and a high salary. For those arriving in Switzerland as adults, the actual pension will be considerably lower.

Second pillar: BVG

Mandatory for employees with salary above CHF 22,680/year (2025). Employer and employee contribute jointly. Review periodically — profitability varies greatly.

Third pillar

3a (tied): Up to CHF 7,258/year deductible (2025). Locked until retirement.

3b (free): No contribution limit, more flexibility.

Bank or insurance?

Products at banks and insurers are not equivalent. An expert analysis before signing is essential.

Retirement plans for people over 50

Specific financial products with guaranteed returns. Risk profile must always be assessed, pros and cons clearly communicated.