Swiss vote to give themselves a bigger pension

Swiss citizens have voted to increase their state pension benefits in a landmark referendum held on Sunday. The proposal to raise the retirement age and increase pension payouts was backed by a majority of voters, with 63% in favor of the reforms.

The decision represents a significant victory for pensioners in Switzerland, where the cost of living is notoriously high. The new measures will see retirement benefits increase by 10%, providing much-needed financial relief for the elderly population.

Supporters of the reforms argue that the current pension system is unsustainable and fails to adequately support older citizens. By voting to secure a bigger pension, Swiss voters have shown their commitment to ensuring a comfortable retirement for all members of society.

With the changes set to come into effect in 2022, pensioners in Switzerland can look forward to a brighter financial future. The referendum result reflects a growing recognition of the importance of social welfare and economic security in an aging population.