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- ISSN :
- 1815-199X (online)
- DOI :
This series is designed to make available to a wider readership selected labour market, social policy and migration studies prepared for use within the OECD. Authorship is usually collective, but principal writers are named. The papers are generally available only in their original language - English or French - with a summary in the other.
Individual Choice in Social Protection
The Case of Swiss Pensions
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- Monika Queisser, Edward R. Whitehouse
- 06 Aug 2003
- Bibliographic information
- In most OECD countries, the structure of the pension system does not give much potential for individual choice. The Swiss pension system is a particularly interesting case in this respect. Switzerland relies heavily on privately-managed, fully-funded pensions, which employers are obliged to provide. The employees have only a very limited range of individual choice within this system and there has been increasing political pressure to give members more control over their benefits. More choice would increase competition among funds, lead to higher returns on investment of pension funds, improve customer services and result in higher member satisfaction due to more tailored benefit packages.
- This paper examines the choices currently available to members of occupational pension schemes in Switzerland and how they are making use of these options. It goes on to consider which expansions in choice might be desirable and what obstacles may be in the way of such changes. A particular ...
- JEL Classification:
- G23: Financial Economics / Financial Institutions and Services / Non-bank Financial Institutions; Financial Instruments; Institutional Investors
- G28: Financial Economics / Financial Institutions and Services / Government Policy and Regulation
- J26: Labor and Demographic Economics / Demand and Supply of Labor / Retirement; Retirement Policies
- J32: Labor and Demographic Economics / Wages, Compensation, and Labor Costs / Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions