• Login
Saturday, April 18, 2026
Geneva Times
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil
No Result
View All Result
Geneva Times
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
Home Switzerland

Swiss pension forecast fiasco caused by faulty methodology

GenevaTimes by GenevaTimes
December 7, 2024
in Switzerland
Reading Time: 19 mins read
0
Swiss pension forecast fiasco caused by faulty methodology
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


No miscalculation with incorrect AHV financial perspective

No miscalculation with incorrect AHV financial perspective


Keystone-SDA





Generated with artificial intelligence.

Incorrect forecasting of Swiss pension expenditure resulted from faulty methodology rather than classic miscalculations, an investigation has found. Voters were presented with the incorrect financial outlook ahead of referendum votes on pension reform.


This content was published on


December 7, 2024 – 08:55

+Get the most important news from Switzerland in your inbox

The interior ministry probe highlighted two errors in the calculation model that led to implausible 10-year pension financing forecasts.  

+ How faulty figures undermine Swiss democracy

This information could be found both in the voting documents for September 2022 and in those for the vote on the 13th AHV pension on March 3 of this year.

At the beginning of August, interior minister Elisabeth Baume-Schneider ordered an administrative investigation to determine the cause of the discrepancies in the pension financial forecasts.

Stéphane Rossini, head of the Swiss social insurance office, announced his resignation at the end of June 2025.

More

A man shows a prototype of the new insurance certificate of the AHV-IV (AHV: Federal old-age and bereaved people insurance/IV: Disabled people insurance) with the name of the insured party, his date of birth and the individual insurance number, pictured in a studio in Zurich,

More

Swiss interior minister orders probe after pension miscalculation




This content was published on


Aug 6, 2024



Old-age and survivors’ (known as the AHV/AVS) pension expenditure in 2033 is likely to be around CHF4 billion ($4.7 billion), or approximately 6% lower than previously calculated.



Read more: Swiss interior minister orders probe after pension miscalculation


Translated from German by DeepL/mga

This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.

If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.

Articles in this story

Unesco: Arc horloger association founded in La Chaux-de-Fonds

More

Association celebrates UNESCO status for Swiss watchmaking




This content was published on


Dec 7, 2024



The Franco-Swiss Arc Horloger association has been created in Switzerland to promote UNESCO’s listing of watchmaking as an intangible cultural heritage.



Read more: Association celebrates UNESCO status for Swiss watchmaking


Old 5-franc coin sold for 30,000 francs in Wil (SG)

More

Antique CHF5 coin sold for CHF30,000




This content was published on


Dec 7, 2024



An old CHF5 coin, dated 1928, has sold at auction for 30,000 francs in Switzerland.



Read more: Antique CHF5 coin sold for CHF30,000


35 percent women on boards of directors

More

Proportion of female Swiss company directors stagnates




This content was published on


Dec 7, 2024



The proportion of women board directors at the 30 largest listed Swiss companies has stagnated at 35%.



Read more: Proportion of female Swiss company directors stagnates


Alain Berset promises Ukrainian president a special envoy

More

Swiss Council of Europe head offers envoy for Ukraine children




This content was published on


Dec 7, 2024



Ukraine has been promised a special envoy for children by Council of Europe Secretary General Alain Berset.



Read more: Swiss Council of Europe head offers envoy for Ukraine children


Bern Convention Committee investigates Swiss wolf policy

More

Council of Europe investigates Swiss wolf policy




This content was published on


Dec 6, 2024



The Standing Committee of the Bern Convention in the Council of Europe has decided to initiate an investigation into Switzerland’s wolf-shooting policy.



Read more: Council of Europe investigates Swiss wolf policy


Social cohesion in Switzerland is viewed negatively

More

Social cohesion in Switzerland viewed negatively




This content was published on


Dec 6, 2024



The Swiss population’s assessment of the current cohesion of society is largely negative. The situation has deteriorated compared to when respondents were younger, according to a study.



Read more: Social cohesion in Switzerland viewed negatively


Swiss Post delivered 7.5 million parcels around the discount days

More

Swiss Post delivered 7.5 million parcels during discount days




This content was published on


Dec 6, 2024



The days around Black Friday and Cyber Monday brought Swiss Post a flood of parcels. Between November 25 and December 3, Swiss Post employees sorted and delivered 7.5 million parcels throughout Switzerland.



Read more: Swiss Post delivered 7.5 million parcels during discount days


EPFL: a bird robot that jumps to take flight

More

Swiss team creates bird robot that jumps to take flight




This content was published on


Dec 6, 2024



A team from EPFL has created a drone capable of walking, hopping and jumping into the air using bird-like legs.



Read more: Swiss team creates bird robot that jumps to take flight


Tourism accounts for a quarter of total traffic in Switzerland

More

Tourism accounts for quarter of total traffic in Switzerland




This content was published on


Dec 6, 2024



More than half of the traffic in Switzerland is attributable to mobility for leisure and tourism, according to a report.



Read more: Tourism accounts for quarter of total traffic in Switzerland


Federal Council welcomes private social security for the self-employed

More

Swiss government welcomes private social security for self-employed




This content was published on


Dec 6, 2024



Self-employed people in Switzerland are less financially protected against losses than employees of a company. The government therefore welcomes private initiatives.



Read more: Swiss government welcomes private social security for self-employed


Read More

Previous Post

The CEO of Getty Images just delivered a public smackdown to AI copyright thievery

Next Post

No. 12 Arizona State beats No. 16 Iowa State for Big 12 title to earn CPF spot

Next Post
No. 12 Arizona State beats No. 16 Iowa State for Big 12 title to earn CPF spot

No. 12 Arizona State beats No. 16 Iowa State for Big 12 title to earn CPF spot

Leave a Reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT
Facebook Twitter Instagram Youtube LinkedIn

Explore the Geneva Times

  • About us
  • Contact us

Contact us:

editor@thegenevatimes.ch

Visit us

© 2023 -2024 Geneva Times| Desgined & Developed by Immanuel Kolwin

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil

© 2023 -2024 Geneva Times| Desgined & Developed by Immanuel Kolwin