Swiss Review 1/2024

At the end of 2022, there were about 2.5 million people on an OASI retirement pension, 1.7 million of them in Switzerland and 790,000 outside the country. Some 125,000 were Swiss Abroad and 665,000 pensioners without a Swiss passport. agenda. Parliament has already mandated the Federal Council to propose a bill by 2026 designed to bring financial stability to the OASI from 2030 to 2040. So, it will come up for discussion again by then, if not earlier. 2nd pillar showdown in June The last OASI reform, which received the green light from voters in September 2022, secured the financing for social insurance until 2030. It stipulates that women will have to work one year longer in future: until the age of 65 instead of 64. This passed at the polls by a whisker. The reform also involves an increase in the VAT rate to boost the OASI coffers. Voters are also set to return to the pension issue in June. This time, it will be the 2nd pillar on the table, i.e. the pension assets accumulated by employed people in their employer’s pension fund. The unions have launched the initiative in opposition to the reform passed by parliament. They argue the package will give employees a poorer deal and again disadvantage women on a low income. So, after voting on the OASI in March, the next visit to the polls will again call on the people to adopt a position regarding the welfare state. An image, itself of retirement age: the postman hands a woman her pension in the stairwell (1955). OASI payments have become less personal and more discreet. Photo: Keystone Links to both OASI initiatives: www.ahvx13.ch www.renten-sichern.ch Swiss Review / January 2024 / No.1 19

RkJQdWJsaXNoZXIy MjYwNzMx