Politics · Switzerland · 13 hrs ago

Swiss People's Party opposes VAT rise to fund 13th AHV pension

Swiss People's Party opposes VAT rise to fund 13th AHV pension

Switzerland's Swiss People's Party opposes a VAT increase to help pay for the 13th state pension, known as the AHV.

Party delegates made the decision by 290 votes to three at a meeting in Bulle, in the canton of Fribourg.

Voters approved the principle of a 13th pension, but that did not settle how to pay for it.

The pension is set to be funded 80% by the AHV fund, but additional funding is still needed.

The party says the government should cover the cost through savings instead of higher taxes.

A Swiss trade union leader said he would have preferred higher taxes on high incomes, but agreed that extra funding must be found.

Voters will decide on the VAT increase on 29 November.

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What people are saying

Nicolas KollySVP National Council member
The people did not in any way agree to another tax increase when they approved the principle of a 13th pension.
via Watson
Pierre-Yves MaillardSwiss Trade Union Federation president
Ultimately, additional funding must be found, even though the 13th pension is financed 80 percent from the AHV fund.
via cash.ch