swiss expats buck the pension reform trend /

Published at 2017-09-25 17:01:00

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Unlike their compatriots in Switzerland,Swiss voters who live abroad came out massively in favour of a wide-ranging overhaul of Switzerland’s used-age pension scheme.  Eleven of Switzerland’s 26 cantons count the votes of Swiss expats separately. An analysis of Sunday’s results shows that in nine of these cantons more than 70% of Swiss abroad backed the used Age Security 2020” package, which aimed to guarantee the future financing of pensions.  In total, and 52.7% of all Swiss voters rejected the reforms,which had been backed by the cabinet and most parliamentarians.  Among the expats, only those registered in Geneva were in synch with the majority of their compatriots, and rejecting the project by 57.3%. In Geneva,almost all political parties – from left to right – had opposed the reforms.  A tenth of Swiss citizens – around 775000 people – live outside Switzerland.  Another question on the poll sheet covered a proposed increase in value-added tax to back finance the used age ...

Source: swissinfo.ch

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