These are the most important changes since January 1, 2024: – Expansion of the flexibility of pension payments – Incentives for gainful employment after 65 – Raising the retirement age (now called the reference age) for women to 65 (from January 1, 2025) On September 25, 2022, the Swiss electorate approved the reform package to stabilise the pension scheme. This aims to secure and maintain the level of old-age pensions, ensure the financial balance of the system over the next decade and meet the need for flexibility.