Development of occupational benefits Claims from the period prior to 1972

If employment in Switzerland ended before 1972 claims under occupational benefits were generally paid out on the expiry of the employment contract with the last salary statement. Where the employment relationships were definitively terminated before 1972 no credit balances can as a rule be traced any longer.

Claims since 1972

In 1972 Swiss Labour Law embodied the first provisions on occupational benefits and in particular on the obligations of the benefit schemes when affiliated persons left. Certain rules were laid down to calculate and use the occupational benefit credit balance when changing jobs. But the provision of insurance remained voluntary for the employer.

Introduction of a compulsory requirement in 1985

A statutory insurance obligation for occupational benefits has existed in Switzerland since 1 January 1985. Before 1985 several employers set up a solution for their personnel within the occupational benefits system.