LOW INCOME, FINANCIAL RESTRICTIONS, AND COVERAGE IN THE SWISS SECOND AND THIRD PILLARS
In this paper, the extent and determinants of coverage in the Swiss occupationalpension scheme (second pillar) and private savings scheme (third pillar) are analysed withdata from the Swiss Labour Force Survey. Estimates for coverage in the second pillar (whichis income-dependent) has, in total, remained very constant in the past decade at about 77% ofsalaried employees below the age of 60. About one-third of all employed women earn lessthan the minimum income determining compulsory coverage...