The fight for the pension fund reform is on the home straight. The competent Council of States commission is putting a new model on the table. According to this, 20 years of age should be able to enjoy a lifelong, graduated pension supplement of a maximum of CHF 200 per month. But this model is also controversial. A heated debate is scheduled in the Council of States for the summer session.
Blick: Mr. Maillard, the Social Committee of the Council of States is putting a new compensation solution on the table. Are you going with this?
Pierre Yves Maillard: We worked out the social partner compromise with the employers’ association and made painful concessions in the process. The bourgeoisie swept this compromise off the table. This gives us the freedom to bring other issues into the debate. But one thing is certain: we will not support a worse solution.
In the social commission, however, the left-wing representatives helped the model to achieve a breakthrough.
Only because it is better than the much worse National Council solution. But that doesn’t mean that we’re happy with it.
The deal isn’t that bad after all. 20 vintages are covered!
There are two crucial weaknesses compared to the social partner compromise. The councils of states are making the BVG much more expensive – especially for people with low incomes. And they not only want to limit the compensation, they also want to overturn its solidarity-based financing.
The latter is simply a redistribution from top to bottom.
It needs this social component – especially for low incomes. The bourgeoisie want them to finance everything themselves. But then the price-performance ratio is no longer correct. But of course, the proposed model is less bad than that of the National Council.
The new model brings improvements, especially for women.
For women with low wages it is hardly affordable. But above all, we see the danger that Parliament will make the bill worse again after the vote on the AHV reduction in the autumn. This interim stage of the Commission is very fragile.
Is the BVG reform still necessary in view of the turnaround in interest rates?
At the very least, the reduction in the conversion rate without full and solidarity-based compensation will become obsolete. The coffers are swimming in money, the outflow of money is constantly increasing – and this while benefits are falling. The employees don’t do that.