Monday, March 04, 2024

#SWITZERLAND: Voters Approve Pension Raise

[world politics news]


Swiss voters backed a plan to raise pensions, the first time in the country’s history that social benefits got an increase via plebiscite.

The proposal to introduce a 13th annual payout to pensioners was supported by 58.2% of the electorate and also met the additional requirement of being passed in the majority of Switzerland’s cantons. A second initiative to raise the retirement age — and subsequently tie it to life expectancy — was rejected, garnering only 25.3% of votes.

[FULL STORY HERE]

World Politics News is dedicated to raising Americans' knowledge of political events, elections, and legislation throughout the world.

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