The first pillar is mandatory, therefore a compulsory insurance for the entire population. The purpose of this pillar is the security of one’s livelihood and the avoidance of poverty.
These include among others:
- Old Age and Survivors’ Insurance (AHV)
- Disability Insurance (IV)
- Supplementary benefits (EL) for AHV and IV
- Compensation for loss of earned income during military service, civil service, community service or maternity (EO)