Pension scheme
The 3-pillar model
The pension scheme in Switzerland is based on a 3-pillar model:
- 1st column: old age and survivors insurance / state pension (mandatory for all)
- 2nd column: professional pension (mandatory for all employees)
- 3rd column: private pension (voluntary)
Leaving Switzerland
The old age and survivors insurance/disability insurance/income compensation scheme contributions paid will not be paid out upon return to an EU/EFTA member state. The same applies to states with which Switzerland has a social security agreement. With all other countries, reimbursement is possible. The same applies to payments from the professional pension (pension fund).