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On Thursday, the Young Liberals started their campaign for the pension initiative. The people and the states will vote on it on March 3.
According to the text of the people’s initiative “For safe and sustainable pension provisions (pension initiative)”, the retirement age for women and men should be gradually increased to 66 years by 2033. The retirement age should then be linked to the average life expectancy.
“Ticking time bomb”
The Young Liberals argue that the referendum will restructure the first pillar without requiring pension cuts, additional taxes or further debt. If nothing is done, there will be a funding gap worth billions. “This is a time bomb that keeps ticking.” Politics has not succeeded in securing AHV financing in a balanced and sustainable manner.
For Matthias Müller (32), chairman of the Young Liberals of Switzerland, it is clear: “The young should not pay the price for political inactivity – they should not be turned into pension slaves!” What the initiators wanted was finally a debt-free AHV.
“Pension initiative also eases pressure on the federal budget”
Patrick Eugster, presenting the initiative committee, doubled down: “The pension initiative not only secures our AHV pensions in the long term, but also reduces immigration to Switzerland, relieves pressure on the federal budget and generates higher tax revenues for the federal government. , cantons and municipalities.”
Given the challenges of demographic changes and changes in the labor market, it is therefore absolutely necessary to make the AHV sustainably financeable. “We can demonstrably only achieve this with the pension initiative,” Eugster continues. (SDA/oco)
Source:Blick
I am Liam Livingstone and I work in a news website. My main job is to write articles for the 24 Instant News. My specialty is covering politics and current affairs, which I’m passionate about. I have worked in this field for more than 5 years now and it’s been an amazing journey. With each passing day, my knowledge increases as well as my experience of the world we live in today.
