Latest Pensions news and updates from Switzerland. AI-curated articles covering Pensions topics.
A new study by the Lucerne University of Applied Sciences and Arts warns that as Swiss residents live longer, their retirement savings may be insufficient, highlighting a growing 'longevity risk' that could lead to widespread financial shortages in old age.
Swiss voters will decide on four major issues in the November 29 nationwide ballot. Key measures include a proposed VAT increase to fund pensions, easing restrictions on military equipment re-exports, the 'Fireworks Initiative', and a proposal to end the 'marriage penalty' in federal taxation.
The Swiss parliament is struggling to make headway on critical national issues, including how to finance the voter-approved 13th OASI pension payment. A review of the recent summer session reveals significant delays and political deadlock on key legislative projects.
After prolonged debate, the Swiss parliament has confirmed a 0.4 percentage point increase in VAT to finance the voter-approved 13th annual pension payment. A compromise was reached after a proposal to also use payroll deductions was rejected, and the financing plan will now face a mandatory referendum.
Following the public's approval of an extra month's pension, Swiss parliamentarians are divided on how to finance it. The Senate has backed a mix of higher employee contributions and a VAT increase, setting up a clash with the House of Representatives which favored a VAT-only solution.
The Swiss parliament has chosen to increase the value-added tax (VAT) to finance the newly approved 13th monthly state pension payment. The decision concludes a contentious political debate but fuels ongoing concerns about the long-term financial sustainability of the nation's pension system.
The Swiss pension system paid out to a record 2.64 million people last year, a 1.6% increase, according to the Federal Social Insurance Office. While the system remains in the black, the rising number of recipients underscores the demographic challenges facing Switzerland's long-term social security funding.
Two new statistics paint a picture of a Switzerland facing profound social and demographic pressures. The number of old-age pensions being paid out has hit a record high, while simultaneously, the country's prison population has reached its highest level ever recorded, raising questions about the long-term sustainability of its social systems.
For the first time in its history, Switzerland's population of residents aged 65 and over has surpassed those under 20. This demographic shift has significant implications for the nation's social security systems and infrastructure, intensifying debates around immigration policies like the proposed 'ten million' population cap.
The Federal Finance Administration has announced a deteriorating outlook for Switzerland's public finances for 2026 and 2027, citing the unfunded introduction of the 13th state pension payment. This additional cost, combined with a deficit in unemployment insurance, will strain the federal budget.
The compenswiss fund, which manages Switzerland's social security assets, ended 2025 with total assets of CHF50.6 billion and a net return of 6.34%. However, the fund warns that the upcoming introduction of the 13th AHV pension will place a considerable strain on future finances.
Switzerland's social security funds (AHV/AVS) ended 2025 with a surplus, bringing total assets to CHF50.6 billion after a 6.34% net return. However, the fund manager, compenswiss, issued a warning that finances will be strained by the first payment of the 13th monthly AHV pension, scheduled for December 2026.
A new poll indicates that over three-quarters of the Swiss populace are against a proposed increase in value-added tax (VAT) intended to either provide more funding for the army or to finance a 13th monthly pension payment.
As Taiwan officially crosses the UN threshold with over 20% of its population aged 65 or over, reports show Switzerland is following closely behind. This demographic shift heralds significant future challenges for the nation's social security, healthcare, and economic systems.
Starting January 1st, 2026, a significant change in Swiss pension law will allow individuals to make retroactive 'catch-up' payments for missed contributions to their third-pillar (3a) retirement accounts, offering greater flexibility for financial planning.
From changes in electricity prices and air passenger data requirements to new flexibility for third-pillar pension catch-up payments, this is an essential guide to the key legal and regulatory changes taking effect in Switzerland.
From trusted Swiss news outlets