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Old age and survivors' insurance: administrative load eased for companies

The Federal Council has revoked the obligation on employers to register new employees in the course of the year. It has amended the legislation on the Old Age and Survivors' Insurance scheme (OASI) accordingly.

In future, employers will no longer need to register new employees with the local OASI office within 30 days of their starting work. They now have time until wage accounts are finalized at the beginning of the following year. Likewise revoked was the insurance certificate that insured persons have had to carry to prove that they were attached to a local OASI scheme.

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