Occupational pensions in Switzerland have long been an important topic of political debate.
In March 2023, Parliament launched a reform of the occupational pension scheme, BVG21.
It aims to close pension gaps and make the system more sustainable.
What exactly does the BVG21 reform involve and what impact will it have on you?
Retirement credits are all the savings contributions that you and your employer(s) have paid into your occupational benefit scheme. So, credit is a nice way of describing the monthly compulsory contribution that you pay into your 2nd pillar. And the amount of the retirement credits increases with your age.
