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Retirement and Pensions

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Your employment conditions may be valid only until the official Swiss retirement age (Ruhestand, retraite), which is 64 for women and 65 for men. If you wish to continue working after you've reached retirement age, you may be required to negotiate a new employment contract.

Company Pension Fund

Membership of a company pension fund (Berufliche Vorsorge/BVG, prevoyance professionellel/LPP) is compulsory for all employees over the age of 17 earning over CHF 24,570 (2014) a year The amount you pay varies from around 7 to 18 per cent of your gross monthly salary, depending on your age and your employer's pension fund.

[Hampshire, David. (2015). Retirement and Pensions. In Living and Working in Switzerland (15th ed., p. 39). Bath: Survival Books.]

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Accident insurance (Unfallversicherung, assurance accidents) is mandatory for all employees in Switzerland. Occupational accident insurance is paid by your employer and covers accidents or illness at work, and accidents that occur when travelling to and from work or when travelling on company business.

Other conditions

Education and training (Schulung und Ausbildung, enseignement et formation) provided by your employer should be stated in his general terms. This may include training abroad, provided it's essential to your job (although you may need to convince your employer). In addition to relevant education and training, employers must provide the essential tools and equipment for a job, which is, however, open to interpretation.