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Gavin Grey: UK correspondent on Switzerland voting to give retirees a bigger pension each year

Gavin Grey: UK correspondent on Switzerland voting to give retirees a bigger pension each year

Heather du Plessis-Allan Drive · Newstalk ZB

March 4, 20244m 22s

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Show Notes

Swiss voters have given themselves extra month's pension each year in a new nationwide referendum.

In a new poll, 60 percent of voters voted in favour of increased pensions- and 75 percent of voters also rejected raising the pension age from 65 to 66.

UK correspondent Gavin Grey says the cost of living in Switzerland is among the highest in the world, and this will be an extra increase for taxpayers to bear.

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Topics

Switzerlandretirementpensionsreferendum