On behalf of parliament, the Bundesrat amended the law on the increase of AHV and IV pensions to adjust them to inflation and approved the corresponding notice. In addition to the pension increase of 2.5 percent that was already implemented in January, another 0.3 percentage point will be added.
This corresponds to an increase of five francs per month for the minimum pension and twelve francs for the maximum pension, as announced by the Bundesrat on Wednesday. The increase is based on an inflation rate of 2.8 percent in 2022. In doing so, the Bundesrat fulfills Parliament’s will to strengthen the purchasing power of pensioners, he wrote.
Today, the federal government uses the so-called mixed index as a guideline when determining AHV pensions. Half of this is based on inflation and the other half on wage developments. Pensions are generally adjusted every two years.
The pensions were last increased at the beginning of January 2023 by CHF 30 for minimum pensions and by CHF 60 for maximum pensions. However, because prices rose more than wages in 2022, this adjustment could not offset inflation. By accepting a proposal, Parliament opted for full compensation.
418 million additional costs
This extraordinary adjustment of pensions to inflation should apply until the next adjustment in January 2025 and will not change the system of adjustment to the mixed index.
If the House of Representatives says yes to the AHV legislative amendment in the spring session, the extra pension increase can be paid out at the earliest in early July. However, it must then be calculated in such a way that the previous months January to June are also compensated. According to the Federal Council, an extra two francs per month would be paid for this.
The extra pension increase will cost a total of 418 million francs for the years 2023 and 2024. The extra expenditure may for once not be co-financed by the federal government, it says. The IV bears 54 million francs of the additional costs. (SDA)
Source:Blick
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