Parliament has voted to pay the 13th month pension payment once a year in December from 2026.
In March, voters decided on the rise by over 58%.
It will cost over CHF 4bn a year, but CHF 5bn by 2030. To pay for it, VAT will increase to 8.8% in 2026 and the federal government will contribute CHF 450m a year.
It will be paid to all those claiming a pension and won’t impact poorer pensioners who are already receiving extra welfare payments.
Swiss Post announce job cuts
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Autumn arrives in Switzerland
The heatwave that has gripped Switzerland since May finally breaks tomorrow
Driver warning in Vaud
Drivers in western Vaud face four nights of disruption on the A1 next week.
Mixed results in school classrooms
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Good news for household bills
Swiss households will pay a little less for electricity next year
Fuel reserves now in use
Switzerland is dipping into its emergency fuel reserves for the first time this year to keep petrol and diesel flowing
