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Pension provision in Switzerland is based on the 3-pillar system. The first two, old-age and surviving dependants' insurance/disability insurance and occupational pension schemes, are prescribed by law. The 3rd pillar is a form of private pension provision, which you enter into on a voluntary basis.
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Your needs change as you get older. You may wish to move closer to your family or take a room in a retirement home or move into homes for the elderly. |
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If your health no longer permits you to live alone, there are good nursing care services available. However, you should not underestimate how much they will cost. |