As someone from the USA, I am curious how would this work? The bill mandates that payments go out, but if it is not tied to a specific source of income to compensate, and some hard year happens (maybe this upcoming one) and there are insufficient funds, what happens then?
Actually, the pension by redistribution – which is concern by the vote – has $56.57 billions in reserve. This money doesn’t sleep. Switzerland is using it has an investment found.
But, the Confederation has already thought about how to finance. There are two main propositions. The first is employers will have to contribute more. The second is that employers and employees will contribute as well as a higher VAT.
As someone from the USA, I am curious how would this work? The bill mandates that payments go out, but if it is not tied to a specific source of income to compensate, and some hard year happens (maybe this upcoming one) and there are insufficient funds, what happens then?
Actually, the pension by redistribution – which is concern by the vote – has $56.57 billions in reserve. This money doesn’t sleep. Switzerland is using it has an investment found.
But, the Confederation has already thought about how to finance. There are two main propositions. The first is employers will have to contribute more. The second is that employers and employees will contribute as well as a higher VAT.