![\"Pensions:](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/e2293f22bb98f08aa687d8c5c7cc10dab405bb8b-89804484.jpg\")
<\/p>\n <\/p>\n
Pensions: the pension is getting lower and lower <\/p>\n
Keystone-SDA <\/p>\n
Listen to the article <\/p>\n
Listening the article <\/p>\n
Toggle language selector <\/p>\n
English (US) <\/p>\n<\/li>\n
English (British) <\/p>\n<\/li>\n<\/ul>\n
Generated with artificial intelligence. <\/p>\n
Those who retire after a lifetime of work are receiving less and less money from the Swiss pension system. The combined old-age and survivor’s pension (OASI) and pension fund payouts have fallen by an average of 16% since 2002.\n<\/p>\n
This content was published on <\/p>\n
August 9, 2025 – 13:47\n<\/p>\n
This is the conclusion reached in an analysis published today by the financial services provider VZ Verm\u00f6gensZentrum.<\/p>\n
While OASI payments have tended to remain constant over the years and will increase slightly with the introduction of the 13th monthly payment from 2026, pension funds have massively reduced their benefits: pension payments are 40% lower than in 2002. The reasons are low interest rates that may soon turn negative again, rising life expectancy and the failure of the occupational pension reform.<\/p>\n
+Get the most important news from Switzerland in your inbox<\/strong><\/a><\/p>\n In theory, pensions should pay out 60% of the final salary but this is no longer the case. Concretely, a person currently earning CHF100,000 per year will receive about 51% of his or her final salary in the form of a pension at retirement. With an income of CHF150,000 the share drops to as low as 42%.<\/p>\n Reality is also often more bitter than expectations: pension expectations are systematically too high, warns VZ Verm\u00f6genszentrum on the basis of a survey. On the other hand, erosion is evident: a 55-year-old man with an income of CHF120,000 in 2002 could still count on an annual pension of CHF74,920; in 2025 this figure is only CHF62,860.<\/p>\n The downward trend is also expected to continue. Among other things, the latest cut in the guide rate to 0.0% by the Swiss National Bank (SNB) and the further increase in life expectancy will weigh heavily.<\/p>\n Adapted from Italian by DeepL\/ac<\/p>\n How we work <\/p>\n We select the most relevant news for an international audience and use automatic translation tools to translate them into English. A journalist then reviews the translation for clarity and accuracy before publication.\u00a0\u00a0<\/p>\n Providing you with automatically translated news gives us the time to write more in-depth articles. The news stories we select have been written and carefully fact-checked by an external editorial team from news agencies such as Bloomberg or Keystone.<\/p>\n If you have any questions about how we work, write to us at\u00a0english@swissinfo.ch<\/a>.<\/p>\n More <\/p>\n US tariffs: Pharma firms not planning job cuts in Switzerland <\/p>\n This content was published on <\/p>\n Aug 10, 2025 <\/p>\n The additional investments in the US will not lead to a reduction in jobs in Switzerland. This is according to pharmaceutical giant Roche, which expects the number of employees to remain stable in the current year. The position of Novartis is similar. <\/p>\n <\/p>\n Read more: US tariffs: Pharma firms not planning job cuts in Switzerland More <\/p>\n Switzerland is closely monitoring three livestock diseases <\/p>\n This content was published on <\/p>\n Aug 10, 2025 <\/p>\n The spread of Lumpy skin disease, Bluetongue and African swine fever are keeping Swiss veterinary authorities on the alert. <\/p>\n <\/p>\n Read more: Switzerland is closely monitoring three livestock diseases More <\/p>\n Swiss writer wins European Prize for Political Culture <\/p>\n This content was published on <\/p>\n Aug 10, 2025 <\/p>\n On Saturday, the Hans Ringier Foundation awarded the 91-year-old Zurich writer Adolf Muschg the European Prize for Political Culture. <\/p>\n <\/p>\n Read more: Swiss writer wins European Prize for Political Culture More <\/p>\n Army to withdraw from buried Swiss village <\/p>\n This content was published on <\/p>\n Aug 10, 2025 <\/p>\n Active in landslide-hit Blatten since June 27, the Swiss army will be leaving the area on Monday evening <\/p>\n <\/p>\n Read more: Army to withdraw from buried Swiss village More <\/p>\n Swiss government working with firms to overcome high US tariffs <\/p>\n This content was published on <\/p>\n Aug 10, 2025 <\/p>\n The Swiss delegation that travelled to Washington has returned from talks on tariffs in the United States. The negotiations are now being conducted under the aegis of the government and the federal administration, according to Seco. <\/p>\n <\/p>\n Read more: Swiss government working with firms to overcome high US tariffs More <\/p>\n Tax on streaming giants invested in Swiss films and series <\/p>\n This content was published on <\/p>\n Aug 10, 2025 <\/p>\n Figures for 2024 show, they will have to spend CHF30.1 million (about $37 million) on local productions. <\/p>\n <\/p>\n Read more: Tax on streaming giants invested in Swiss films and series More <\/p>\n Swiss and American parliamentarians meet in Geneva <\/p>\n This content was published on <\/p>\n Aug 9, 2025 <\/p>\n Although this meeting is scheduled to take place twice a year regardless of the current crisis, tariffs were discussed. <\/p>\n <\/p>\n Read more: Swiss and American parliamentarians meet in Geneva More <\/p>\n WTO improves its world trade forecast thanks to Trump\u2019s tariffs <\/p>\n This content was published on <\/p>\n Aug 9, 2025 <\/p>\n The World Trade Organisation (WTO) expects world trade to grow by 0.9% this year, better than expected in April. US imports surged in the first quarter as a result of Donald Trump’s tariff announcements. <\/p>\n <\/p>\n Read more: WTO improves its world trade forecast thanks to Trump\u2019s tariffs More <\/p>\n Swiss gold exports might not face US tariffs after all <\/p>\n This content was published on <\/p>\n Aug 9, 2025 <\/p>\n Gold exports to the United States may not be taxed after all. The White House plans to “issue an executive order in the near future to clarify misinformation regarding the taxation of gold bullion,” among other things. <\/p>\n![\"Pharmaceutical](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/fcb3a1c8becb3353c1bb7ac74e2ad9e5722be42b-89810337.jpg\")
<\/p>\n
\n <\/a><\/p>\n![\"Three](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/4a901b94e8712395e0558a5f16c30afb2ac3a5f7-89809870.jpg\")
<\/p>\n
\n <\/a><\/p>\n![\"Adolf](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/8a3565020a8536e9d420d38e1dabc19bf9459dde-89809143.jpg\")
<\/p>\n
\n <\/a><\/p>\n![\"Blatten:](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/cd14db44ae835a4d13b8bd2773a2e32f3e5ceb3d-89807980.jpg\")
<\/p>\n
\n <\/a><\/p>\n![\"Very](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/c9dae10ff7ca197cff28a08043bc0ebc6498623a-89808411.jpg\")
<\/p>\n
\n <\/a><\/p>\n![\"First](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/65304bfb8354c039c321b51da96bc567a8a7387b-89808183.jpg\")
<\/p>\n
\n <\/a><\/p>\n![\"Swiss](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/1bfdfa234dc3e1ab51b9b242dd46c0a868ebd304-89804929.jpg\")
<\/p>\n
\n <\/a><\/p>\n![\"WTO](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/f1e6d077fb93ed2fa614fab6dc839b4a84e2c748-89805438.jpg\")
<\/p>\n
\n <\/a><\/p>\n![\"Gold](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/e5ebb5ebb917008868ff05fe96f97f55b30621b9-89807028.jpg\")
<\/p>\n
![\"2.8](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/c96a308db0c5bb2c3010f668fed4b0737f4847ba-89806930.jpg\")
<\/p>\n