Statute Text
Fedlex ↗

1The Confederation shall take measures to ensure adequate financial provision for the elderly, surviving spouses and children, and persons with disabilities. These shall be based on three pillars, namely the Federal Old-age, Survivors’ and Invalidity Insurance, the occupational pension scheme and private pension schemes.

2The Confederation shall ensure that the Federal Old-age, Survivors’ and Invalidity Insurance and the occupational pension scheme are able to fulfil their purpose at all times.

3It may require the Cantons to exempt institutions of the Federal Old-age, Survivors’ and Invalidity Insurance and the occupational pension scheme from liability to pay tax and to grant insured persons and their employers tax relief on contributions and reversionary rights.

4In cooperation with the Cantons, it shall encourage private pension schemes, in particular through measures relating to taxation policy and the policy of promoting property ownership.

Overview

Art. 111 Cst. obliges the Confederation to ensure adequate old-age provision. This is based on three pillars: the state OASI/DI (first pillar), occupational pension schemes through pension funds (second pillar) and voluntary private provision (third pillar). The Confederation must ensure that the first two pillars can fulfil their tasks on a permanent basis.

The first pillar is intended to cover subsistence needs — i.e. basic living costs such as housing, food and clothing. The second pillar supplements the first, so that pensioners together receive around 60% of their last salary. This allows them to largely maintain their accustomed standard of living (previous standard of living). The third pillar enables additional individual provision for special needs.

All three pillars are constitutionally protected. The legislature may not abolish any pillar or fundamentally weaken it. Rather, it must design all three in a coordinated manner and secure their financing in the long term. In tax matters, the Confederation may compel the cantons to favour pension institutions.

Example: A teacher receives an OASI pension of 1,800 francs per month at age 64 (first pillar) and a pension fund pension of 2,200 francs (second pillar). In addition, she has saved in pillar 3a and receives a further 400 francs per month from it (third pillar). All three pillars together make up her old-age pension.

The provision concerns all persons in employment and pensioners in Switzerland. It obliges the Confederation and cantons to cooperate in pension policy. Violations of the three-pillar principle can be challenged in court. However, the provision does not establish any direct entitlements for individuals — these only arise from the special acts such as the OASIA and the OPA.