- The Swiss Federal Department of Home Affairs has issued a release on the recent consultation regarding additional funding for a “13th month” pension payment under the AHV program.
- Two options were initially considered: an increase in employee contributions or an increase in employee contributions and VAT.
- The majority of participants in the consultation supported the combination of an increase in employee contributions and VAT, but the Federal Council now plans to increase only VAT due to lower financing requirements. The exact level of the VAT increase will be determined in autumn 2024, and the proposal will be considered in parliament during the winter 2024 session.
Source:
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Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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