Switzerland’s pension system has three elements. The first is a state pension linked to the number of years worked. This is funded by a tax. The second is a salary based scheme funded by salary deductions, and the third is an optional element known as the third pillar. Contributions to all of these are tax […]
Swiss residential property prices continue to climb
Data published this week by the Federal Statistical Office (FSO) shows that residential housing has risen in price by 18% since 2019. In the most recent quarter (Q3 2024) it rose 0.7%. With prices rising by 19%, stand alone houses have risen by more than apartments (+17.4%) over the same period. With the exception of […]
Switzerland’s cross border workers reach record level
At the beginning of the Covid pandemic there was talk of closing Switzerland’s borders. However, it was clear that Swiss hospitals and businesses near Switzerland’s borders would not function without the workers who cross the border daily to work for them, and the notion was dropped. Statistics published this week by the Federal Statistical Office […]
Expert calls for new approach to solar power in Switzerland
Renewable energy, such as electricity produced from the sun, comes with challenges. Sunshine does not follow our pattern of electricity consumption. Storing excess production helps. However, sometimes batteries hit full capacity. When this happens any excess must be dumped. Christoph Bucher and his team at Bern University of Applied Sciences advocate adding a system that […]
Winter tyre rules in Switzerland and its neighbours
Laws in France, Italy and Austria require drivers to fit winter tyres or carry chains between certain dates. In Germany, winter tires are mandatory for driving on snow, slush and ice. However, Switzerland leaves the decision on whether to fit winter tyres up to drivers. In Switzerland, there is no legal requirement to fit winter […]
Rising mental distress among Swiss welfare recipients
A report published this week, shows welfare rates in 2023 were at their lowest in many years. At the same time, the percentage of those receiving welfare in mental distress is rising. Across the 14 cities included in the report, social assistance rates are lower than they have been for a long time. The number […]
Switzerland’s Socialist Party wants government to buy drug company
This week, the Socialist Party called on the Swiss government to buy Sandoz, a large maker of generic and biosimilar drugs, reported SRF. At a time when there are shortages of certain medicines, the party argues that profit maximising companies cannot be relied on to produce the drugs needed by the population at affordable prices. […]
Widespread discrimination and abuse in Swiss army revealed in survey
The results of a survey published on 31 October 2024 show widespread discrimination and abuse in Switzerland’s military. The survey was aimed at gauging the level of discrimination and abuse within the Swiss military and focused in particular on discrimination and abuse against women. Unlike men, women in Switzerland are not forced to do military […]
Zurich wants to charge more to park large cars
This week, the leaders of the municipality of Zurich voted in favour of charging large car owners more for resident parking permits, reported SRF. The prices of resident parking permits are set to be calculated based on vehicle weight. A similar charging model has already been introduced in the city of Biel/Bienne. In Zurich, owners […]
Swiss National Bank to issue new money
The Swiss National Bank (SNB) has started the process of issuing a new series of banknotes by launching a design competition, it announced this week. The new banknotes will not be issued until the early 2030s at the earliest, said the bank. The new series will be dedicated to the unique topography of Switzerland and […]
