this post was submitted on 03 Mar 2024
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Actually, the pension by redistribution โ which is concern by the vote โ has $56.57 billions in reserve. This money doesn't sleep. Switzerland is using it has an investment found.
But, the Confederation has already thought about how to finance. There are two main propositions. The first is employers will have to contribute more. The second is that employers and employees will contribute as well as a higher VAT.
I am still blown away by the part where the legislatures give a single damn about what the people want:-).
Plus, how 60% actually manages somehow to win:-P.
The legislature didn't, the unions together with the leftist political minority pushed for this after the centre and right parties dragged their feet and did nothing for decades.
Ahhhh... now that makes more sense. :-D