58.2 percent of the voters in a referendum on Sunday said yes to introducing a 13th monthly pension payment for all pensioners. The measure will see old-age and survivors' insurance (OASI) pensions increase by 8.3 percent. The OASI is the first pillar of old-age provision in Switzerland, a kind of basic pension for all, currently totalling a maximum of CHF 2,450 or just under 2,550 euros. A similar initiative failed just a few years ago.
18 Debates