Key facts
The voluntary insurance scheme for old-age, survivors’ and disability benefits (« voluntary insurance ») has run a deficit since its inception. To a large extent, this imbalance stems from the very fact that it is voluntary, basically attracting only those who expect their net benefits to exceed contributions paid or who wish to remain in the Swiss OASI/DI system. The deficit is also driven by the limited scope of controls abroad, which increases the risk of contributions being based on a declared income lower than that actually earned.