Earlier in January 2023, the newspaper Schweiz am Wochenende alleged repeated communication took place between a member of Switzerland’s interior ministry and the media group Ringier during the Covid pandemic. Since then accusations have been directed at Alain Berset, the minister in charge of the department, reported RTS. The information allegedly shared allowed the newspaper […]
Unclaimed Swiss pensions reach 5.6 billion in 2022
When workers in Switzerland change employers they typically take their salary-based pensions with them. However, if they leave the country without making any pension transfer arrangements, after six months, their pension money ends up with the Substitute Occupational Benefit Institution, a kind of backstop holding place for forgotten pensions. At the the end of 2022, […]
Retirement at 68.2 to cover Swiss pension shortfall, says UBS
Swiss resident’s are regularly reminded of the large financial gap is Switzerland’s state pension system. Despite this, several attempts at reform have failed to gain sufficient support. Those that have still leave a large shortfall. On 24 January 2023, UBS published four additional reform scenarios. Only the fourth, with a life expectancy adjusted retirement age […]
Swiss government aims to cut 2 billion from 2024 budget
Like many governments across the world, Switzerland’s federal government is spending more than it collects. Extraordinary spending on Covid and refugees has pushed Switzerland’s finances into the red, a situation Karin Keller-Sutter, the current finance minister, hopes to eliminate by 2024. During its meeting on 25 January 2023, the Federal Council made preliminary decisions to […]
Switzerland has too many pigs, leading to animal welfare concerns
After slaughtering and freezing 12,000 pigs, Switzerland still has 50,000 more pigs than it can digest, reported RTS. With Swiss pig farms so full, vets are concerned animal welfare may be compromised. During the Covid pandemic when movements across national borders were restricted, Swiss farmers increased the number of pigs. When restrictions eased and imports […]
Dual nationality continues to rise in Switzerland
On 26 January 2023, data on dual nationality in Switzerland were published by the Federal Statistical Office (FSO). Between 2010 and 2021 the number of Swiss citizens over 15 years old with another nationality rose from 13.8% to 19.5%, a rise of 5.7 percentage points. The number of Swiss citizens with another nationality has risen […]
Professional training boosts pay by 46% in Switzerland
Switzerland offers workers the possibility of obtaining professional qualifications while working. Around 27,500 people graduate from these federally recognised higher vocational education programmes every year. Six years after graduating from these programmes the median income for a full-time job is about CHF 7,800 per month, compared with the CHF 5,300 received five years before obtaining […]
Firearms at home linked to Switzerland’s exceptionally high suicide rate
The male suicide rate using firearms is higher in Switzerland than the rest of Europe. According to a recently published report the higher rate could be linked to military weapons in Swiss homes, reported RTS. The report published by a researcher at the University of Groningen in the Netherlands looks at the link between firearm […]
Electricity prices could rise more in 2024, suggests head of Swiss regulator
At a meeting in Bern on 19 January 2023, Werner Luginbühl, the head of Elcom, Switzerland’s electricity regulator, called on the sector to be careful to manage consumer expectations, reported RTS. According to Luginbühl, many consumers are confused by Switzerland’s rising electricity prices. Some think the electricity consumed in Switzerland comes from hydro and nuclear […]
Switzerland generates more plastic waste than neighbours
On average each resident of Switzerland leaves 95 kg of plastic waste behind them in a year, according to a report by Oceancare. This figure places Switzerland ahead Germany, Austria, France and Italy, reported RTS. Oceancare used 2010 statistics from Switzerland’s Federal Office for the Environment to compile the data. Ewoud Lauwerier, one of the […]
