The Swiss Occupational Pension System: A Governance View
16 Pages Posted: 17 May 2017 Last revised: 21 Oct 2018
Date Written: October 19, 2018
This paper describes the current Swiss occupational pension system with a focus on its governance aspects by emphasizing on the minimum guarantees established by the law, the governance-related requirements, and the most recent supervision framework. It documents in details how the various and different Swiss pension funds are organised and identifies six key structure characteristics to classify them. The major distinction with other country’s pension systems is that pure defined-contributions plans do not exist in Switzerland. Finally, this paper highlights some of the regulatory measures implemented recently to strengthen the trust of Swiss people in the present pension system.
Keywords: Pension systems, Pension funds, Switzerland, Governance, Supervision, Organisation, Law
JEL Classification: G23, G28
Suggested Citation: Suggested Citation