Occupational benefit plan (OP)

The occupational pension (OP) is the second pillar of Swiss social welfare. This should enable insured persons to reasonably continue the lifestyle they are used to after retirement. Together with the first pillar, a pension income of around 60 per cent of the final salary should be achieved. The second pillar also provides insurance against the risks of death and invalidity.

All employees covered by AHV who receive an annual salary of more than 21,150 francs are also covered by the OP scheme. All employers who employ persons subject to obligatory insurance must establish a pension institution in the occupational pension register or associate themselves with such an institution.

Further information can be found at the following links:

• Meaning and objectives of occupational pension funds
• Retirement provisions of 2nd and 3rd pillar
• Frequently Asked Questions (FAQ)