Part-time work: the impact on pension provision

Part-time work can cause significant gaps in retirement provision:

• Lower income means lower pension contributions.
• Many pension funds apply the full coordination deduction, which further reduces insured benefits.

Possible measures

• Check whether the pension fund adjusts the coordination deduction in proportion to the level of employment (part-time-friendly arrangement).
• Pay attention to AHV contributions: a full pension is only granted if contributions have been paid without interruption since the age of 21. Missing years can be paid retrospectively within five years.
• Make additional private provisions: payments into pillar 3a are advisable, even if the maximum amount is not reached.
• In the case of longer-term part-time work, it is worth seeking advice in order to identify and close any pension gaps at an early stage.