The number one benefit employees in Switzerland care about is pensions. Although this is a compulsory employee benefit, it is still considered the most important. When asked to rank three other common employee benefits in order of importance the typical Swiss employee will likely say: Death, Disability and Medical.

Asinta Partner
David Pittet

Pittet Group

More Info

Country Insight

Try a cheese fondue in a restaurant with a mountain view.

Trending Now

The Federal Government is currently assessing a pension system reform.

Average Cost For Employer Sponsored Benefits

It is hard to define an Average Cost For Employer Sponsored Benefits. Contributory Private Benefit Plans (BVG) can range from 7% to 18% of pensionable salary. Employers must pay at least 50% of the contribution.


The cantons (provinces) are allowed to regulate tax law and employee benefits. It is therefore advisable to first look at the different cantons before making a decision about where to start up a company.

Surprising Fact

Switzerland has a three pillar pension system for the provision of death, disability and old age. It is part of the Swiss constitution. The first pillar is state social security, the second pillar is mandatory occupational pensions or employee benefit plans and the third pillar is individual savings and insurance arrangements.

Another interesting fact is that Switzerland has an inflation rate of 0%.

Asinta Knowledge

Switzerland: Retirement: Asinta Partner and PricewaterhouseCoopers Host Retirement Benefit Reform Conference

As mentioned in previous articles retirement reform is a hot topic in Switzerland, and for the past three years our Swiss Partner, Pittet Group, has... Read More

Switzerland: Retirement: Compliance: Swiss Federal Parliament Adopts Tax Proposal 17

Many thanks to Asinta’s Swiss Partner, Pittet Group, for providing this article. The goal of Tax Proposal 17 (PF17 / SV17) is to achieve international... Read More

Switzerland: Retirement: Compliance: Swiss Federal Council Outlines Reform of AVS/AHV

Many thanks to our Swiss Partner, the Pittet Group, for providing this article. At its meeting on March 2, 2018 the Swiss Federal Council debated... Read More

Switzerland: Retirement: Compliance Update: Swiss Retirement Reform Rejected

Switzerland’s pension reform package, Altersvorsorge/Prévoyance 2020, was rejected in a binding referendum last month. The Swiss voted against changes to the Swiss first and second pension pillar systems, as well... Read More