Retirement

Click here to register for an application for a retirement pension!
IMPORTANT: Please note that you have to complete separate applications for the AHV pension and the Pension Fund retirement benefit (lump sum or pension) and send these to GastroSocial.

It is advisable to plan your retirement well in advance, so that you can realise your dreams and fulfil your needs for the third phase of your life. You will receive retirement benefits from the AHV (Compensation Fund) and from your Pension Fund. Ideally, you will also receive benefits from a private insurance (3rd pillar).

Principles

In Switzerland, women retire at the end of the month in which they turn 64, and men when they turn 65. This is the so-called «ordinary retirement age»

IV pensioners

If you are fully or partially unfit for work, your IV pension automatically becomes a retirement pension when you reach the ordinary retirement age

AHV retirement pension

In order to be entitled for a retirement pension for the remainder of your life, contributions need to have been credited or added to your account for at least one year.

Advance calculation of pension

The amount of your AHV retirement pension depends on:

Explanatory vodeo «Calculating the old-age pension AHV»

If you wish to receive an advance calculation of your AHV pension, please complete the «Pension forecast application (AHV)» form and send it to:

GastroSocial Compensation Fund  |  Pensions/IV Daily Allowance Team (Renten/IV-Taggeld)

P.O. Box 2203  |  5001 Aarau  |  E-Mail

The pension illustration tool will give you an initial indication of the amount of your AHV pension. The estimate does not serve as the basis for entitlement, however. 

Note: We recommend pension forecasts only from the age of 50 years onwards. Prior to this, the calculation can be unreliable as it is made on the basis of an extrapolation (based on a hypothetical income).

Pension Fund retirement benefits 

Capital or pension 

As soon as you reach ordinary retirement age, you are entitled to receive retirement benefits commensurate with the retirement assets you have accrued. With the GastroSocial Pension Fund, you can take your retirement benefits in the form of a pension, as a lump sum, or as a combination of both.

Early retirement

AHV pension

  • Advance withdrawal is possible 1 or 2 years early
  • Lifelong reduction in pension by 6.8% per advance withdrawal year

Pension or lump sum advance withdrawal with the GastroSocial Pension Fund

  • Advance withdrawal is possible up to 5 years early
  • Possible to pre-finance early retirement
  • Reduction in the conversion rate depends on the pension plan

Semi-retirement with the GastroSocial Pension Fund

The retirement benefits can be drawn in partial steps. Semi-retirement can be taken in a maximum of three steps, whereby each reduction must equal at least 20% of the full number of working hours.

Deferred retirement

AHV pension

  • Deferment is possible by up to 5 years
  • Pension is increased by 5.2% up to a maximum of 31.5%

Additional insurance with the GastroSocial Pension Fund

Explanatory video «Flexible withdrawing of the retirement pension AHV»

Application

AHV pension

The «Old-age pension application (AHV)» form must be submitted to the Compensation Fund at least 4 months before your retirement.

Retirement benefits from the Pension Fund

If you would like to draw your retirement benefits as a lump sum, you have to notify us of this before your retirement using the form «Application lump sum withdrawal GastroSocial Pension Fund».

You must also register for a retirement pension in writing. Please send us the form «Application for a retirement benefit of the employee benefits insurance» no later than one month before your retirement.

More information

You can find more details on retirement in our brochure «Retirement – be prepared ahead of time».