Home » HR practices » Professional development » Legal developments » National legislation » Switzerland: 67.1% of voters reject reform of occupational pension system Switzerland: 67.1% of voters reject reform of occupational pension system On Sunday 22 September, the Swiss rejected by a wide margin the government's plan to reform the federal law on pension plans (BVG), in a vote initiated by left-wing parties and trade unions. Some 67.1% of votes were cast against the amendment, with all the cantons in opposition. The prospect of a reduction in pension income of around 12% put off a large majority of citizens. Through Thomas Schnee. Published on 24 September 2024 à 14h09 - Update on 24 September 2024 à 14h09 Resources In recent years, Switzerland’s three-pillar pension system has come under fire from governments and social partners. The first pillar consists of the compulsory state-run old age, survivors, and disability insurance (AHV), the second of occupational pension funds funded in equal proportions by contributions from employees and employers, and the third of optional private savings with tax incentives provided by the state.… Thomas Schnee Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialité.CommentsThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications CSRD: social and environmental reporting market takes shape Supporting parenthood in the workplace: a win-win strategy Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels