Old Age and Survivor’s Insurance (OASI)

OASI is designed to cover basic subsistence needs if a person loses their income from gainful employment owing to old age or death. OASI provides benefits in old age (retirement pension) or pays survivors a widow’s, widower's or orphan's pension. The benefits depend on the amount of the latest income and contribution period. Generally speaking, all people who live or work in Switzerland are subject to compulsory OASI insurance.