Switzerland could also think about saving - like not buy so many FA18s, stop digging the roads up, stop paying retired Bundesrat CHF200,000/year pensions…
There is no way around the ratio of number of workers to retired people.
The irony here is that the 13th AHV will go straight to landlords and suppliers of the health system. It’s a dream to think this money goes to retirees in need.
Agreed! In Switzerland we have a competitive advantage of cost of employment Vs output to employees (see image here - it’s from Germany where netto income is considered post tax). With this nonsense we will start seeing this ratio become smaller will just make us less competitive AND our salaries less good.
But I get it, everyone wants the money now…
My parents who are pensioners already voted yes to 13th and no to 66 “because we did not want to make it harder for you” - but they are anyway and so many people think like this.
Have said that from the very beginning if you remember the other thread. Also, about the VAT increase…oh and Axa too is spot on about the landlords and health insurance “grabbers” and actually little remaining for the retirees in need. But we’ll see, eh.
A 13th-month payment is an increase in cost of around 8% which is not a big enough deal to make a huge difference to the government budget and less than the extra most people saw in their health care payments this year.
The Government spends around CHF 45 billion annually on pensions so the increase would be around CHF 4 billion on a total government budget of around CHF 250 billion ca. 1.5%.