Swiss retirement system - 1st pillar

The Swiss retirement system is unique. It comprises of three different pillars.

1st Pillar

Also known as AHV. Its purpose is to provide basic income during retirement and to make sure that one will be okay.

This pillar is compulsory for everyone working in Switzerland. A portion of salary received is directly deducted every month to be paid into this pillar.

If there are years that you didn't work, you can also opt-in top-up to fill up the gaps to make sure that you have as much payout from the 1st pillar as possible.

How does 1st pillar work?

How much can you get from 1st pillar money pot when you retire?

As of December 2022, the maximum amount that you can received is:

CHF 2,390/month for singles

CHF 3,585/month for married couples

or a minimum of CHF 1,195/month

How can you get the maximum amount?