Swiss parliament leaves extra state pension only partly funded

Swiss parliament leaves extra state pension only partly funded
The Swiss parliament has agreed only a partial funding plan for the new 13th annual state-pension payment, reported RTS. After lengthy wrangling, the National Council backed an increase in value-added tax (VAT) but rejected higher payroll contributions, leaving much of the additional cost uncovered. The National Council voted to raise VAT by 0.4 percentage points. […]