Campaign coffers bulging with supporters of the BVG reform
Published: Tuesday, Aug 13th 2024, 16:50
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The supporters of the pension fund reform started the referendum campaign with a fuller coffers than the opponents. Almost three and a half million Swiss francs compared to just under two million Swiss francs. The occupational pension reform will be put to the vote on September 22.
According to the information published to date, the Swiss Federal Audit Office (SFAO) has been notified of budgets totaling around CHF 5.4 million. These are grants and work services.
The supporters of the proposal have at least CHF 3.45 million at their disposal for the referendum campaign. The "Yes to BVG reform" alliance reported the highest budgeted income at CHF 3.28 million. The largest donors to the alliance include the umbrella organizations Economiesuisse (CHF 1.4 million) and the Employers' Association (CHF 1 million) as well as the Insurance Association (CHF 0.66 million). The Swiss Tech Industry Association Swissmem is contributing CHF 0.17 million to the Yes campaign.
On the opponents' side, CHF 1.912 million in campaign funds have been reported so far. The Swiss Federation of Trade Unions (SGB) and the SP have each reported CHF 0.7 million. The trade union Unia and the employees' umbrella organization Travail Suisse are also making significant sums available for the referendum campaign.
Last but not least, the economic alliance "No to the BVG sham reform" is investing CHF 0.35 million in its own campaign, as announced. The committee includes Gastrosuisse and the French-speaking Swiss employers' association Centre Patronal, for example. The economic alliance argues that the bill would lead to false incentives for savings and more bureaucracy and should therefore be rejected.
©Keystone/SDA
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