Administrative costs of the 2nd pillar

Federal Social Insurance Office

Key facts

The 2nd pillar is one of the core elements of social security in Switzerland. In 2020, it had 4.3 million active insured persons and paid out pensions to around 1.2 million people. The assets of this capital-based insurance scheme were around CHF 1,100 billion. The annual costs of the 2nd pillar institutions amount to around CHF 6.8 billion, of which CHF 5.1 billion is spent on asset management. This amounts to more than CHF 1,500 per insured person in the median pension fund each year.