Old-age pensions

The old-age pension is intended for persons who reach the reference age and meet certain conditions. However, payment of this pension can be brought forward or deferred.

What is the reference age?

In Switzerland, the term “reference age” corresponds to “retirement age”.

The reference age for men is 65.

The reference age for women will gradually increase from 64 to 65, as follows:

What conditions must be met?

• you have paid OASI/DI contributions for at least twelve months, or
• you have been insured by your spouse who has been gainfully employed and has paid at least double the minimum contribution, or still
• you are entitled to parental or care credits.

Payment of your old-age pension begins in the month following the reference age and ends at the end of the month in which you die.

Early pension

You can bring forward the payment of your old-age pension to the nearest month, from 1 to 24 months after your 63rd birthday.

However, women born between 1961 and 1969 can continue to draw their pension early from the month following their 62^nd birthday.

You can ask to receive between 20% and 80% of your pension gradually.

Reduction rate applied throughout your retirement:

• 6,8% per year of early retirement for men and for women born up to 1960 or from 1970 onwards
• from 1st January 2025, women born between 1961 and 1969 who draw their pension early benefit from favourable reduction rates

No child pension is paid during the period of early retirement.

You must submit your request no later than the month before you reach the age at which you wish to draw your pension early.

Payment of the early old-age pension can begin at the earliest in the month following your application.

Deferring your pension

You can defer payment of your old-age pension for between 1 and 5 years maximum and thus benefit from a monthly supplement.

You can defer all or part of your pension. The proportion of the partial deferment can be expressed, from a minimum of 20% to a maximum of 80% of the pension.

You must submit your request within 1 year of reaching the reference age without fixing the duration of the deferment in advance.

When you defer payment of your old-age pension, you also defer any potential children’s pensions.

Revocation of deferment

The deferred pension can be revoked at any time for a specific month.

The revocation (in whole or in part) can take place at the earliest 12 months after the reference age and at the latest when you reach the age of 70.

To do so, please complete and send us the form:

This form also allows you to change the deferred portion of your pension (for example, going from a deferral of 80% to a deferral of 50% of the pension). Such a change can only be requested once.

Continuing gainful employment after the age of 65

Persons who are gainfully employed in Switzerland and are of retirement age are still required to pay contributions either on their entire salary or with a deductible of 1’400.- Swiss francs per month.

In return, they may, under certain conditions, benefit from the following advantages:

• Consideration of OASI contributions paid after the age of 65;
• Filling in contribution gaps;
• Improvement of the annual qualifying income;
• Improvement of the old-age pension (up to the maximum pension).
   

If you continue to pay contributions after the reference age, you may request a recalculation of your pension, but only on request and only once. Insured persons who were already receiving an OASI benefit on 1st January 2024 and who had not yet reached the age of 70 on that same date, may also request a recalculation of their OASI benefit.

To do so, please complete and send us the form:

Entitlement begins at the earliest in the month following the month in which the recalculation is requested.