Latest Social Security news and updates from Switzerland. AI-curated articles covering Social Security topics.
The Swiss parliament has chosen to increase the value-added tax (VAT) to finance the newly approved 13th monthly state pension payment. The decision concludes a contentious political debate but fuels ongoing concerns about the long-term financial sustainability of the nation's pension system.
The Swiss pension system paid out to a record 2.64 million people last year, a 1.6% increase, according to the Federal Social Insurance Office. While the system remains in the black, the rising number of recipients underscores the demographic challenges facing Switzerland's long-term social security funding.
A proposed EU reform, supported by member-state ambassadors, would shift unemployment benefit responsibility for cross-border workers to their country of last employment, a change that is expected to increase costs for Switzerland.
The compenswiss fund, which manages Switzerland's social security assets, ended 2025 with total assets of CHF50.6 billion and a net return of 6.34%. However, the fund warns that the upcoming introduction of the 13th AHV pension will place a considerable strain on future finances.
Switzerland's social security funds (AHV/AVS) ended 2025 with a surplus, bringing total assets to CHF50.6 billion after a 6.34% net return. However, the fund manager, compenswiss, issued a warning that finances will be strained by the first payment of the 13th monthly AHV pension, scheduled for December 2026.
From trusted Swiss news outlets