Parliament has voted to pay the 13th month pension payment once a year in December from 2026.
In March, voters decided on the rise by over 58%.
It will cost over CHF 4bn a year, but CHF 5bn by 2030. To pay for it, VAT will increase to 8.8% in 2026 and the federal government will contribute CHF 450m a year.
It will be paid to all those claiming a pension and won’t impact poorer pensioners who are already receiving extra welfare payments.
G7 protestors up pressure on canton
The pressure on Geneva authorities over Sunday's anti-G7 protest is growing, with the No-G7 coalition now formally calling for the resignations of cantonal minister Carole-Anne Kast and prosecutor general Olivier Jornot.
Parliament now says 'yes' to nuclear power
Parliament has reversed course on new nuclear power plants.
SNB keeps interest rates at zero
The Swiss National Bank has kept its key interest rate at 0% for the fourth time in a row.
No school for small kids next week
Geneva is taking exceptional measures as a heatwave pushes temperatures towards 37 this weekend.
Switzerland on verge of moving to knockout stage
Switzerland is on the brink of the knockout stage of the World Cup after a convincing 4-1 victory over Bosnia and Herzegovina.
Emergency heatwave plans active
Geneva and Vaud are activating their heatwave plans from today as temperatures could climb to 37 over the next couple of days.
