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Swiss vote to give themselves a bigger pension (www.bbc.co.uk)
submitted 2 years ago by to c/europe@feddit.de
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[โ€“] 19 points 2 years ago (1 child)

Actually, the pension by redistribution โ€“ which is concern by the vote โ€“ has $56.57 billions in reserve. This money doesn't sleep. Switzerland is using it has an investment found.

But, the Confederation has already thought about how to finance. There are two main propositions. The first is employers will have to contribute more. The second is that employers and employees will contribute as well as a higher VAT.

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  • [โ€“] 9 points 2 years ago (2 children)

    I am still blown away by the part where the legislatures give a single damn about what the people want:-).

    Plus, how 60% actually manages somehow to win:-P.

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  • [โ€“] 3 points 2 years ago

    They must care about it. The initiative states that it must be implemented no later than January 1, 2026.

    We have a similar trend as in the US with retired being poorer each year. Also, the general population is poorer. Ad to that the Confederation gave billions to falling banks and to the economy during COVID without giving a f to the population. People now want they share.

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