May 21, 2025|
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|7 months agoSwiss Government Pushes for Extended Working Life Beyond Retirement
Federal Council unveils new initiatives to encourage Swiss residents to work beyond the standard retirement age of 65, aiming to address demographic challenges and pension system sustainability.
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Generated IllustrationKey Takeaways
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- Swiss Federal Council aims to encourage working beyond retirement age 65 without making it mandatory
- 74.7% of Swiss voters rejected mandatory retirement age increase to 66 in March 2024
- Current system requires social insurance contributions on income above 16,800 CHF per year post-retirement
- Government plans to eliminate AVS contribution ceiling at age 70
By The Numbers
61%
Growth in retiree population by 2035
7%
Expected working population increase by 2035
2.5 billion CHF
Expected AHV/AVS deficit by 2030
3 million
Expected pension recipients by 2035
They Said
"We should let people decide themselves how long they want to work"
"We want to remove the resistance surrounding the upper age limit and allow people to work longer if they choose"