The Federal Act on Bridging Payments for Older Unemployed Persons (BridPA) came into effect on 1 July 2021. These bridging payments – or transition/bridging benefits – are intended to cover the basic needs of individuals who lose their job shortly before they reach the normal retirement age. Applicants must meet several conditions to receive these payments: they must be aged 60 or more when their entitlement to unemployment benefit ends; they must have been covered by the OASI scheme for at least 20 years; and they must have only modest assets at their disposal. Transition benefits are financed from the general resources of the Confederation, and the cantons are responsible for disbursing them and covering their enforcement costs.
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Last modification 04.12.2023
