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In Switzerland, a referendum to increase pensions has been approved

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In Switzerland, a referendum to increase pensions has been approved

On Sunday, a referendum was held in Switzerland promoted by some trade unions in which voters were asked whether they wanted to increase the pensions of Swiss citizens by inserting an extra month’s salary for everyone, the so-called “thirteenth”. The referendum was approved with over 58 percent of votes in favour, and with a majority of 15 out of 26 cantons.

The referendum initiative was called “Living your pension better” and supported by the left-wing parties: according to the promoters, an increase in pensions is “indispensable” to help pensioners maintain a decent standard of living in one of the countries where the cost of living it is among the highest in the world. However, the government, led by the right-wing Democratic Union of the Center (UDC) party, opposed the referendum, believing it was not economically sustainable. Now it will be up to the government and parliament to decide how to implement the reform.

Also on Sunday, another referendum took place, promoted by the youth movement of the Radical Liberals, in which it was asked whether voters wanted to raise the retirement age from 65 to 66: in this case the initiative was rejected by 75 percent of voters.

– Read also: The Swiss town that fights over cow bells

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