What is AHV IV?
AHV / IV: Covers the minimum standard of living once income lapses due to old age, death and invalidity. EO / MSE / VSE: Governs the income loss compensation for persons providing military, civilian or civil protection service and income compensation during maternity.
What is Ahv in Switzerland?
In Switzerland, the term AHV is the abbreviated form of the German Alters- und Hinterlassenenversicherung. The French form of this term is Assurance-vieillesse et survivants (AVS) and the English form is Old Age and Survivors Insurance (OASI).
What is AVS AHV?
In Switzerland, the term AVS is the abbreviated form of the French Assurance-vieillesse et survivants. The English form is Old Age and Survivors Insurance (OASI). The German form is Alters- und Hinterlassenenversicherung (AHV).
What is IV in Switzerland?
Invalidity insurance aims to restore or improve the earning capacity of individuals who are disabled as the result of a congenital or other illness, or as the result of an accident. Individuals will receive an IV pension only when it is determined that their professional (re)integration is impossible.
What is AHV salary in Switzerland?
The maximum AHV pension in Switzerland is currently CHF 2,390 per month for an individual and CHF 3,585 per month for married couples.
How much is the Swiss AHV pension?
Requirements for receiving a maximum AHV pension The maximum AHV pension in Switzerland is currently CHF 2,390 per month for an individual and CHF 3,585 per month for married couples.
How do I know my AHV number?
Your AHV number will be on the card given to you by your healthcare provider. The number is usually around 13 characters long and can be found on any healthcare document or health insurance policy.
What is IV pension?
How many years do you have to work to get pension in Switzerland?
44 years
Anyone who has made continuous payments from age 20 until retirement for at least 44 years, and who has earned an average annual income of CHF 84,600 or more is entitled to a full pension. If the length-of-payment criterion is not met, payments are calculated in proportion to the years worked in Switzerland.
Where can I find my Swiss social security number?
You can find this on your health insurance card or your personal insurance certificate. The Swiss OASI number (Old-Age and Survivors’ Insurance number), or AHV-Nr., is also widely used as a personal identification number by all federal registers; including education and social security.
How much is the average Swiss pension?
New OASI and occupational pension The median monthly new occupational pension was CHF 1692 in 2020. For men, the monthly median pensions were highest among those who received their first pension before the legal retirement age of 65 (CHF 2553), followed by new recipients over the age of 65 (CHF 1998).
What happens to my pension when I leave Switzerland?
The 2nd (occupational) pillar of the Swiss pension system is intended to complement the 1st (state) pillar, so that you can be sure of receiving a reasonable pension in retirement. If you leave Switzerland, become self-employed or buy a home, you can have your accrued pension capital paid out early.
What is AHV retirement age?
Ordinary retirement age is 65 for men and 64 for women. Under flexible retirement age rules, you can take your old-age pension • early by one or two whole years (but not by individual months) or • late by between one and a maximum of five years.
How many years do you have to work in Switzerland to get pension?