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UNDERSTANDING THE SWISS PENSION SYSTEM
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The Swiss pension system is one of the strongest in the world. It is composed of the First Pillar or state pension; aimed at covering your basic needs, the Second Pillar or company pension; aimed at maintaining your customary lifestyle at retirement, and the Third Pillar or voluntary ‘top-up’ pension contribution; aimed at providing you with a higher quality lifestyle at retirement.
LEAVING SWITZERLAND?
Swiss Infinity Group will help you understand options available to you and find the most appropriate solution when you leave Switzerland permanently, the handling of your pension depends on several factors, including your destination country and the type of pension scheme. Ensure you begin this process well in advance to comfortably manage all aspects of your departure.
Health Insurance
In Switzerland, health insurance is mandatory for all residents. The system is characterised by a combination of private insurance companies and Government regulation. All individuals must purchase a basic health insurance plan from a private insurer of their choice. This basic plan covers a standard range of medical services, including hospital stays, outpatient treatments and certain medications.
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