Switzerland, voters accept government's pension reform plan

In Switzerland, voters accepted the government's pension reform plan by a narrow margin on Sunday. Local media report that the plan would raise the retirement age for women from 64 to 65. This brings it in line with the retirement age for men. A concurrent vote on imposing stricter regulations in farming failed to garner majority support.

According to the Swiss government figures, the



pension system changes had won by 50.57 percent of the vote, with counting having been finalized in all cantons.

Earlier, the government attempted to introduce similar reform plans in 2004 and 2017. However, both failed when put to a vote. According to the Economy Ministry, women received, on average, nearly 35 percent smaller pensions than men in 2020.