The OASI (Old-Age and Survivors Insurance) and the DI (Disability Insurance) form the first pillar of the Swiss social security system. They aim to provide a minimum level of financial security in the event of retirement, death, or disability.
Objectives
- OASI: To provide a pension to retired individuals or to survivors (spouse, children) in the event of death
- DI: To support individuals who are no longer able to work due to health reasons, through pensions or reintegration measures
Who contributes?
- All individuals engaged in gainful employment in Switzerland
- Employers and employees contribute in equal parts
- Individuals without gainful employment (students, retirees, etc.) pay a minimum contribution
Contribution at EPFL
- Rate: 5.3% of the gross monthly salary (excluding non-contributory allowances).
- Reference retirement age:
- Men: 65 years
- Women: Between 64 and 65 years depending on year of birth (OASI 21 transition):
- 64 years (born in 1960)
- 64 years and 3 months (born in 1961)
- 64 years and 6 months (born in 1962)
- 64 years and 9 months (born in 1963)
- 65 years (born in 1964 or later)
Benefits
- Old-age pension: Calculated based on years of contributions and average income
- Survivors’ pension: For the surviving spouse or children
- Disability pension (AI): In the event of long-term disability, with the possibility of professional reintegration measures
Useful Resources: