Pillar 1 comprises the AHV (old-age and survivors’ insurance) and the DI (disability insurance). It is mandatory for everyone employed in Switzerland and guarantees ...

Photo by Sun Yidou/For China Daily] With increasing policy support and market innovation, a more diversified and vital ...

Employees currently contribute 3pc of their salary and receive 1.5pc of the national average wage as a top-up from the state. Auto-enrolment occurs every three years and if they do join, there is no ...

The old-age pension, which is based on the “three-pillar” system, is one of Switzerland’s greatest achievements. It underlines the sense of solidarity between the generations that is firmly rooted in ...

China's pension system is a three-pillar model, consisting of a basic old-age pension, with the number of insured people exceeding 1 billion. The second pillar includes enterprise annuities and ...