Swiss vote to give themselves a bigger pension

Submitted by pmassetti on
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Swiss voters have given themselves an extra month's pension each year - in a nationwide referendum focusing on living standards for the elderly. The government had warned that the increased payments would be too expensive to afford. But almost 60% of voters said 'yes' in Sunday's poll. Separately, 75% rejected raising the pension age from 65 to 66. The maximum monthly state pension is €2,550 (£2,180; $2,760) - not enough, many say, to live on in Switzerland.

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