Last week, State Councillor Peter Hegglin (PDC/CVP) withdrew his motion demanding Switzerland’s retirement age automatically rise with life expectancy. In September 2017, Swiss voters rejected a plan that included raising the retirement age for women from 64 to 65. He said that while it made sense that raising the retirement age would not be part of the next package aimed at shoring up pension finances, indexing the retirement age to life expectancy brings many advantages and should remain an option. Raising the retirement age to 67 has found support in Switzerland’s parliament before. A higher retirement age is like death and taxes, knowing it’s inevitable doesn’t make you want it.

Source: Le News March 20, 2018 14:03 UTC