AHV expenditure likely to be 6 percent lower according to new calculations
Published: Tuesday, Aug 6th 2024, 09:40
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AHV expenditure in 2033 is likely to be around CHF 4 billion or around 6 percent lower than previously calculated. The Federal Social Insurance Office corrected the AHV financial outlook accordingly on Tuesday.
The Federal Social Insurance Office (FSIO) told the media in Berne that it had discovered during checks that AHV expenditure appeared implausibly high in the long term. The reason for this is two incorrect formulas in the calculation program. The contribution deficit will rise to around CHF 4 billion by 2033. Previously, it was assumed to be over CHF 7 billion.
According to the FSIO, it immediately created two alternative models for the calculation and commissioned two research institutes to each develop an independent model by the end of August. These could be used to validate the newly calculated financial prospects and published in September.
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