Will the 13th Pension Be Paid if Swiss Voters Refuse to Raise the Value Added Tax?
4 Articles
4 Articles
Will the 13th pension be paid if Swiss voters refuse to raise the Value Added Tax?
The first payment of the 13th monthly state pension is scheduled for December, but Swiss voters must still approve the source of the money for this expensive project - a hike in the Value Added Tax (VAT). What happens to this plan if they don't?
Swiss unions are divided over how to finance the 13th pension, which will be the subject of a popular vote on November 29. The Public Services Union (SSP) opposes the VAT increase by 0.4 percentage points, arguing that the AVS pension insurance has reserves of around 60 billion francs and that the additional pension should be financed through social contributions. On the other hand, the Swiss Trade Union Union (USS) supports the VAT increase, af…
The Chamber of Commerce of the Swiss Trade Association (Sgv) rejects the unfristed increase in VAT to finance the 13th AHV pension.
The unions do not agree on the financing of the 13th rent by an increase in VAT. The Syndicat des services publics (SSP), which is against, accuses on Tuesday the Swiss Union Trade Union (USS) of having returned its jacket on this object submitted to the popular vote on 29 November.
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
