Switzerland is known for its beautiful landscapes, delicious chocolates, and efficient public transportation. But did you know that it also has one of the highest life expectancies in the world? With an aging population, the topic of retirement age and benefits has become increasingly important in Switzerland. Let’s take a closer look at what retirement looks like in this prosperous country.
According to Swiss law, the retirement age for both men and women is currently 65. However, as of 2021, the retirement age for women will gradually increase to 65, equalizing with men. While this may seem like a high retirement age, the Swiss have a system in place to ensure that their retirees are well taken care of. The state pension, known as AHV/AVS, is funded through contributions from both employers and employees. This ensures that retirees receive a steady income during their golden years. Additionally, there is a mandatory occupational pension scheme, known as BVG/LPP, which provides supplementary benefits to the state pension. On top of that, many Swiss companies also offer additional retirement benefits, making it possible for retirees to enjoy a comfortable lifestyle.
But it’s not just about monetary benefits in Switzerland. The country also values the well-being of its retirees. Many cities have specially designed senior centers with extensive programs and activities to promote an active and social lifestyle. These centers