Politics · Switzerland · 15 hrs ago

Swiss debate how to fund the 13th state pension

Swiss debate how to fund the 13th state pension

Swiss voters approved a 13th state pension in a referendum on March 3, 2024.

The extra payment is due to be made for the first time in 2026.

The debate now centres on how to finance it, with opponents questioning whether the additional pension is needed.

The writer argues that this overlooks people who struggle with living costs in Switzerland, where about 1.1 million people are at risk of poverty.

The piece says some supporters may also have voted for the pension because they felt public money was being sent abroad while people in Switzerland were not getting enough help.

It points to a separate article about donating the extra pension to charity as one way recipients who do not need the money could use it.

The financing debate continues, but the piece gives no details of a final funding plan.

1 source

Related

What people are saying

Opponents of the initiativeCritics
Who is supposed to pay for it?
via Inside Paradeplatz