Retiree vote getting closer

Switzerland's retirees could make or break the 29 November vote on raising VAT to fund the 13th AVS pension

Seniors turn out at the polls far more than younger voters, giving them decisive weight in a referendum that will hand them a bonus payment next month.

The main retiree associations recommend approval, but their base is divided — and polls so far suggest the project is struggling to convince voters.

A no vote would weaken AVS reserves just as the first 13th-pension cheques go out in December.

 

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