Saturday, December 10, 2022

Berset office expects AHV poor

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Switzerland is facing a hot autumn vote: the AHV reform is expected to go to the polls in September. The question that the voters have to decide: Should women work until the age of 65 in the future?

The federal government believes that this is necessary because the AHV will have to pay out more and more pensions in the future – the baby boomer generation is retiring. If no countermeasures are taken, there will be a gaping funding gap of 3.7 billion in Switzerland’s most important social work in 2030. The AHV reform with the increase in the retirement age for women should improve the balance sheet by 2 billion.

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