Switzerland’s recent vote on state pension reform on 25 September 2022, divided men and women, reported RTS. The vote was split into two parts. The first asked whether the state pension age for women should rise from 64 to 65 to bring it into line with the pension age for men. The second part asked […]
Chart of the week: the life expectancy gap
In Switzerland, the gap between male and female life expectancy at birth has been shrinking. However, the gap in life expectancy at the age of 65, which only emerged in 1876 has remained relatively consistent over the last two decades, according to statistics from the Federal Statistical Office (FSO). Over the last 20 years it […]
Chart of the week: 11% of Swiss over 64 work
More and more people 65 and older are continuing to work across the OECD. The reasons for working beyond this particular point in life vary from person to person. Labour force participation among this age group across the OECD ranges from 2.4% (Romania) to 41.7% (Indonesia). In Switzerland, the rate was 11.1% in 2020, higher […]
UBS warns of a looming shortage of workers in Switzerland
The Swiss bank UBS estimates there could be a shortfall of 500,000 workers in Switzerland in the coming 10 years as the baby boomer generation retires. However, the bank predicts the shortfall will not be even across all industries. Some sectors are expected to stagnate. Workers in these industries might find it harder to find […]
Question of the week: do we need a retirement age?
Reaching the official retirement age1 is an important milestone for many people. Some look forward to it while others dread it. Some dreading it would prefer to continue working either because they enjoy their work or would like the extra income. Some feel they are being systematically and unfairly labelled too old to work. A […]
Young Swiss have lost all confidence in retirement
20 Minutes. A survey by the newspaper 20 Minuten, reveals that only 12% of those under 30 expect to be able to retire. More than half expect to have to work until 70. Nine out of ten are concerned about AVS provisions and only 2.1% are certain there will be enough money. 26% think it […]
