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Retirement provision

Set course for your future today. The Swiss three-pillar system provides financial security when it matters. An early start to saving and clever planning create the foundation for worry-free retirement – and we support you in achieving this goal.

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Your retirement provision in focus – The Swiss three-pillar system

Switzerland's proven three-pillar system ensures financial security at every stage of life. It combines state-sponsored basic coverage (AHV), occupational pension plans (pension funds), and private retirement savings to bridge income gaps and enable you to maintain your standard of living. With careful planning, you can make the most of these three pillars to ensure you are well protected, even in unexpected situations. Our experts will support you in achieving your retirement goals and strengthening your long-term financial independence. Together, we will build a solid foundation for your future.

Your companion in all topics related to retirement provision – no matter the circumstances

The Swiss three-pillar system

The Swiss three-pillar system offers a solid foundation to ensure financial security in retirement. Discover how you can best tap the advantages of state, occupational, and private provision.

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1st pillar: State provision

The 1st pillar aims to cover one's basic cost of living in retirement, in the event of disability or death. smzh supports you in looking into your entitlements, closing gaps, and using benefits optimally.

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2nd pillar: Occupational provision (pension fund)

Occupational provision with a perspective: The 2nd pillar aims to safeguard your standard of living in retirement. smzh shows you how to best use pension fund assets, savings on vested benefits accounts, and lump-sum payments.

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3rd pillar: Private provision (pillar 3a)

Private provision with foresight: Pillar 3a helps you actively secure your financial future. smzh shows you how to save in a tax-optimized way, invest with focus, and plan your retirement provision smartly.

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3rd pillar: Private provision (pillar 3b)

More freedom in your retirement provision: Pillar 3b allows you to plan your financial future more flexibly than ever before. smzh supports you in safeguarding your personal goals – with customized solutions, clever planning, and strong partners.

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Benefits in retirement

Your retirement deserves more than mere standard solutions. With smzh, you plan your retirement benefits holistically – from old-age and survivor's insurance (AHV) and pension fund benefits to the ideal combination of all sources of income. Transparent, individual, and tax savvy.

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Benefits in the event of disability

In case life takes an unexpected turn: smzh is by your side in the event of disability offering clear guidance, coordinated support with applications, and personalized indemnity solutions. This way, we ensure that you are financially protected and legally prepared in every circumstance.

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Benefits in the event of death

Security in case of emergency: We show you which benefits survivors or persons with a disability receive – from an AHV pension to payments from additional insurance. smzh helps you maintain an overview and optimally plan for your financial security.

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How it works

Our step-by-step approach to creating a seamless plan for retirement provision

1. Understanding your financial needs and goals in retirement
How much money will you need to maintain your desired standard of living? What additional costs might arise (e.g., healthcare, nursing, travel)?
2. Make a comprehensive financial plan taking into account all three pillars
Assessment of your current and future sources of income, expenses, assets, and debts.
3. Develop a proposal for ways to close potential gaps
Based on the financial plan, we request various offers and options from our partners, examine them carefully, and draw up customized proposals to close the identified gaps in a targeted manner.
4. Joint implementation
In close collaboration, we implement the agreed measures and ensure that the implementation with the selected partner is seamless and efficient.
5. Regular review and adjustment of your financial situation
Your circumstances keep changing – for instance due to a new employer and related changes in your occupational provision (2nd pillar). As a result, it is important to regularly review your retirement provision planning and adjust it if necessary.

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Insurance and pension analysis

CHF 1,580.-

We analyze your insurance solutions to date and help you find suitable products at the best rates. Moreover, we make sure you are neither overinsured nor have gaps in your coverage. As part of our retirement provision analysis, we show you the benefits you are entitled to in the event of disability or death. Together we determine your requirements and find suitable offers for you.

Our network of partners

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We handle questions such as those shown on the right on a daily basis. You don't need to deal with them by yourself – our 360° Check-Up is free of charge and non-binding.

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  • Pillar 3a: Restricted private provision with tax advantages. Payments toward pillar 3a are tax deductible up to a maximum statutory amount. Prior to retirement, these savings can only be tapped under certain conditions (e.g, purchase of property, emigration).
  • Pillar 3b: Unrestricted private proision with no defined limits. Payments toward pillar 3b are not tax deductible, but you have significant flexibility regarding the use of the savings and the time of withdrawal.
  • Gainfully employed persons with a pension fund may pay up to CHF 7,258 a year into a 3a account (2025). Self-employed persons with no pension fund may pay up to 20% of their net income or a maximum of CHF 36,288.
  • The savings can be withdrawn no sooner than five years before reaching official retirement age. There are exceptions, however, when buying residential real estate, when becoming self-employed, or when emigrating from Switzerland.

Payments into pillar 3a can be deducted from taxable income. Upon withdrawal, pillar 3a savings are taxed separately from other income at a reduced rate.

  • Pillar 3a: provision account, fund solutions, savings insurance.
  • Pillar 3b: savings account, securities (equities, bonds), fund solutions, life insurances, real estate, art, etc.
  • No, there is no maximum amount for payments toward pillar 3b.
  • Pillar 3a: Payments are tax deductible. They are not subject to income or wealth tax, but a one-time capital tax is levied upon withdrawal.
  • Pillar 3b: Payments are generally not tax deductible, and savings must be declared as wealth. Payouts from life insurance plans are often tax-exempt.
  • Restricted availability of savings up to retirement and limited investment options.
  • Yes, it is permitted and even recommended to have more than one pillar 3a account in order to avoid high progressive taxation upon withdrawal.

  • Greater flexibility in terms of use, no predefined maximum amount for contributions, possibility to select and arrange various investment products.