The AHV Reform 21 of September 25, 2022, adopted by the people and the cantons, came into force on January 1, 2024. Stabilizing the AHV includes four measures:
Unification of the retirement age for women and men at 65 years
The adjustment will introduce a uniform retirement age for women and men. The increase in the retirement age for women will take place in four steps:
| Year | Reference age | Concerns vintage | Start of pension entitlement |
|---|---|---|---|
| 2024 | 64 years (no increase) | 1960 | February 2024-January 2025 |
| 2025 | 64 years + 3 months | 1961 | May 2025-April 2026 |
| 2026 | 64 years + 6 months | 1962 | August 2026-July 2027 |
| 2027 | 64 years + 9 months | 1963 | November 2027-October 2028 |
| 2028 | 65 years | 1964 and all subsequent years | From February 2029 |
Compensatory measures for women of the transition generation
Women born between 1961 and 1969 belong to the transition generation. You benefit from two compensatory measures. Women who receive their old-age pension before the reference age are reduced less and for life. You can continue to withdraw your old-age pension early from the age of 62. Furthermore, women who do not withdraw their pension early receive a pension supplement of between CHF 12.50 and 160 per month for the full duration of the contribution.
More flexible pension benefits
The pension can now be drawn from any month between the ages of 63 and 70 (women in the transition generation from the age of 62). Advance withdrawals are now also possible on a monthly basis, whereas previously they had to be withdrawn one or two whole years in advance.
Furthermore, it is now also possible to receive only part of the pension (between 20%-80%). It is important to mention that an early withdrawal leads to a lifelong reduction in the pension.
There is now also the option of deferring part of the pension. Pension deferral is possible for a minimum of one year and a maximum of five years.
In addition, under certain conditions it is possible to improve the old-age pension by continuing to work after reaching the reference age.
Additional financing through an increase in VAT
The AHV is additionally financed by increasing the VAT from 2.5% to 2.6% or from 7.7 to 8.1%.
Experts
