Tuesday, February 7, 2023

Swiss pensions will soon also flow to Albania

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Money blessing for returnees

Swiss pensions will soon also flow to Albania

There is good news for Albanian seniors: soon Swiss AHV and IV pensions will also be paid out to Albania.

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Skanderbeg Square in the center of Albania’s capital, Tirana.

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Leah HartmannEditor Politics

Money or Home? Albanians who have lived and worked in Switzerland for decades must make a decision when they retire. If they return to their country of origin for the rest of their lives, they will not receive an AHV pension – even though they have paid contributions for it. The reason is the lack of an agreement between Albania and Switzerland that regulates the payment of AHV and IV pensions. Albania is the only Balkan country with which there is no such agreement. Not yet.

Such an agreement has already been signed. Albania knocked on Switzerland’s door five years ago. Due to the corona pandemic, the conclusion of the contract had been delayed. All that is missing now is the green light from Parliament. The National Council will decide on Monday – the yes should be a mere formality. The Council of States must then agree.

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