US EditionSwiss Senate Approves Financing of Extra Month Pension Payment
13 Articles
13 Articles
Schweizer Radio und Fernsehen (SRF)
It was close: with six votes difference, the Council of State adopted a concept for the future financing of the AHV.
On Thursday, the Council of State decided to increase the wage contributions and VAT for the AHV. In addition to the 13th pension, higher pensions could also be financed for couples. Whether the plan holds in the National Council is questionable.
Higher tax and VAT win approval in Switzerland’s upper house
Switzerland, like many rich countries, faces a pension crunch. An ageing population is putting pressure on public finances, and a recent referendum has added to the strain. In March 2024, voters approved a 13th monthly payment to recipients of the state pension scheme—equivalent to a 8.3% rise in annual payouts—due to begin next year. How […]
Reading time 2 minutesOn 1 December 2025, § 307i SGB VI enters into force. From this date on, the pension supplement paid separately since July 2024 disappears from the account statements and goes into the regular monthly pension. Thus, it replaces the transitional provision of § 307j, which expires on 30 November 2025. For around three million pensioners, this means that the German Pension Insurance (DRV) sends out a wave of notifications again…
Sixteen pensioners single daughters of the Senate receive the payroll roof, which is equal to the STF's senators and ministers.
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