The occupational pensions reform aims to finance pensions more securely and improve the situation for part-time employees and low earners. The trade unions are against it. Here’s what’s at stake in the vote. The occupational pensions reform affects the pension fund. The pension fund is the part of the Swiss pensions system to which employees and their employers make a monthly pension contribution. The German abbreviation, BVG, refers to the Federal Law on Occupational Old-Age, Survivors’ and Disability Benefit Plans. The occupational pensions reform is one of the more complex proposals that have recently been put to the vote. One reason for this is that there are well over 1,000 pension funds operating in Switzerland. Many of them have their own regulations. Accordingly, individual voters would have to do some research to find out whether and how they are personally affected by this reform. Which pension scheme is at stake? As a reminder, the Swiss pension system is based on three ...
