pension reform

by Thomas Fleiner. On Sunday September 24 2017, the Swiss voters decided on the following issues. The sovereign (majority of the cantons and the voters) accepted a new article 104 a concerning enough foodstuff supply with 78.7% and rejected a new Constitutional provision for a new value added tax with 52%. This concerns Article 130 par 3ter and quater (including the transitional provisions 196 par 6 and 7 linked to Article 130 of the tax amendment) tax, which supports the institution for old age survivors. The majority of the voters did also reject the legislation concerning the retirement arrangement 2020 with 52.7%. The turnaround was 46.7%. Almost all German-speaking cantons rejected a new added-value tax. Of the German-speaking cantons only Bale-town, Bern and Zurich accepted it. The French speaking cantons and the Ticino accepted it.

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