Money matter

Full AHV pension need 44 years of contributions. Every year wey miss go reduce di pension by about 1/44, na why di years wey you spend abroad or without registration matter.1

Ask your compensation office for statement of your individual account so you fit see which years dey recorded. You fit only pay missing contributions for di last five years.12

If your country no get social security agreement with Switzerland and you dey leave forever, you fit ask make dem refund your AHV contributions, if you don pay for at least one full year. Your spouse and children wey never reach 25 must leave too, dem no dey pay interest and all di rights from those years go cancel.67

For 2026 you fit pay in up to CHF 7,258 if you get pension fund. If you no get, di limit na 20% of di money wey you work for, maximum CHF 36,288. From 1 January 2027 di limits go rise to CHF 7,373 and CHF 36,864.411

Since 2026 you fit cover years wey you miss. If you pay less than di maximum for any year from 2025 go, you fit pay di difference later, up to ten years back. You need income wey AHV cover for dat year and for di year wey you dey pay, and you must first pay di full amount for di current year. Di catch-up payments get limit of di small maximum every year (CHF 7,258 for 2026), whether you get pension fund or not, and you fit deduct dem from tax.12

You fit only pay in with income wey AHV dey cover. Di money go stay locked until at least five years before retirement age, except if you wan buy house wey you go live inside, start your own work or leave Switzerland forever.4

Di Confederation, your canton and your commune dey collect income tax, and di rates dey different well well from one commune to another.4

If you no get C permit, your employer go remove tax directly from your salary. If your gross income pass CHF 120,000, full tax return na must; if e no reach, you fit request one before 31 March of di next year, for example to deduct pillar 3a payments.8

Fees and exchange rate margins dey different well well between providers and countries. Di World Bank Remittance Prices Worldwide dey compare di total cost for every corridor.9

Di UN Sustainable Development Goals wan reduce di cost of sending money to less than 3% by 2030.10

If you receive payment order for debt wey you no agree with, you get ten days to object, for di debt collection office or immediately with di person wey bring am.5

Debt collection entries dey show for di register extract wey plenty landlords dey ask for. If di creditor no do anything again inside three months after your objection, you fit ask di office make dem no show di entry.5