Switzerland: Building a Multi-Pillar Pension System for a Flexible Labour Market
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The Swiss multi-pillar system has been widely praised over the last two decades for its capacity to adjust to shifts in economic and demographic circumstances. The regime also enjoys widespread support in the Swiss population, because its structure means that the pension security of all Swiss residents is based on the interplay of three different pillars. A closer look at the distributive implications of this system, however, reveals that the idea of all Swiss pensioners resting securely on three pillars in their old age does not hold true. The Swiss three pillar system, in place since 1985, targeted its coverage mainly at standard employees. A range of important reforms since 1985 has enhanced pension security for atypical workers but they are still at considerable risk of receiving an inadequate income in old age.
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HÄUSERMANN, Silja, Hanna SCHWANDER, 2012. Switzerland: Building a Multi-Pillar Pension System for a Flexible Labour Market. In: HINRICHS, Karl, ed.. Labour market flexibility and pension reforms : flexible today, secure tomorrow?. Basingstoke [u.a.]: Palgrave Macmillan, 2012, pp. 155-181. Work and welfare in Europe. ISBN 978-0-230-29006-8. Available under: doi: 10.1057/9780230307605_6BibTex
@incollection{Hausermann2012Switz-49159, year={2012}, doi={10.1057/9780230307605_6}, title={Switzerland: Building a Multi-Pillar Pension System for a Flexible Labour Market}, isbn={978-0-230-29006-8}, publisher={Palgrave Macmillan}, address={Basingstoke [u.a.]}, series={Work and welfare in Europe}, booktitle={Labour market flexibility and pension reforms : flexible today, secure tomorrow?}, pages={155--181}, editor={Hinrichs, Karl}, author={Häusermann, Silja and Schwander, Hanna} }
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