Closing pension gaps

Why private pensions are so important

The state (AHV/AVS) and occupational (pension fund) retirement benefits are continuously decreasing due to social and economic developments. The consequence of this is that once you retire, your income is drastically reduced in one fell swoop.

At present, retirement benefits amount to approx. 60 per cent of your final income before you retire from gainful employment. However, experience shows that in fact, you need approx. 80 per cent of your final salary to maintain your standard of living. So if you don’t want to risk a financial shortfall, you need to build up a healthy private pension. The pension gap increases significantly for those with higher incomes (see chart) because, in relative terms, pillars one and two cover a smaller proportion of the required retirement funds.


Infographic: Pension gap



Insured person born in 1976, without contribution gaps

Gross annual salary CHF 85,320 (100%)
Maximum state pension (AHV/AVS) – Pillar 1 CHF 28,440
Basic mandatory occupational pension (BVG/LPP)* – Pillar 2 CHF 29,900
Annual pension from pillars 1 and 2 CHF 58,530 (68%)
Pension gap after retirement CHF 26,790 (32%)

* Basic mandatory occupational pension (BVG/LPP):

  • Maximum imputable salary: CHF 85,320
  • Coordination deduction: CHF 24,885
  • Maximum insured BVG/LPP salary: CHF 60,435

Interest rate of 2% and conversion rate of 6.8% (as at 01/2020), no private pension plan.


It is therefore crucial to consider the following questions:

  • Will I have an income shortfall after retirement?
  • Will I have an income shortfall in the event of early retirement?
  • Have I drawn up a budget for the transition from working life into the retirement phase (outline of income and expenditure)?
  • How much will I have to reduce my standard of living in retirement?
  • What additional funds will I need for my retirement?
  • How much more income will I need after my retirement?
  • How much money is required to safeguard my family if I die?
  • Is my family covered in the event of the breadwinner's death?
  • How much money do I get if I become unable to work due to illness or injury?
  • Am I adequately protected if I become unable to work due to illness or injury?


Why do I need a consultation?

Because there are many options for planning your retirement, the process can be confusing and it can be difficult to find the right investment solution.

The experts of our partners can review your pension arrangements and provide independent advice to help you find the ideal investment option for your retirement in Switzerland – a solution tailored to your needs and your personal and financial situation.

Request a free, no-obligation consultation

Pension review with our experts

Optimatis, a partner service of, can help you compare products and advise you free of charge and with no obligation.

Find your ideal pension


  • Optimatis is an independent insurance broker founded by Comparis to meet the growing demand from users for professional support and advice on choosing insurance products.
  • The insurance experts at Optimatis can answer your insurance-related questions and help you find the right insurance products for your needs.
  • Optimatis provides a personal customer portal, which gives you anytime, anywhere access to a clear overview of your insurance policies.
  • Optimatis provides its services free of charge to you.

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