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Lea Oetiker

22.9.2024

Switzerland votes today on the BVG reform and the biodiversity initiative.
Switzerland votes today on the BVG reform and the biodiversity initiative.
Keystone

On Sunday, Switzerland will decide on two national proposals: the BVG reform and the biodiversity initiative. You can find all the results live here.

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  • What about the BVG reform?

    Supporters of the proposal have become fewer and fewer over the weeks. According to the latest SRG survey (as of September 2024), 51% of voters will put a "no" in the ballot box.

    After Swiss voters approved the introduction of a 13th pension in the old-age and survivors' insurance (AHV), the first pillar of the system, in March, this time they are voting on a reform of occupational benefits insurance (BVG).

    This is the second pillar of the pension system. This provides for employees and employers to save with a pension fund during their working life in order to build up assets that are converted into a pension at retirement age.

    There are over 1000 pension funds in the country, many of which have their own regulations. However, the law on occupational pensions sets out minimum requirements. Some of these parameters are to be changed by the reform drawn up by the government and parliament and supported by the right-wing and center parties.

  • 07.47 am

    How is the biodiversity initiative faring?

    According to the latest SRG survey, 51% of respondents were against the biodiversity initiative. It received more support from the Swiss abroad. 56 percent of them were in favor.

    The initiative, which was submitted by nature and environmental protection associations in September 2020, calls for sufficient resources and areas for nature. It also wants better protection of the landscape and built heritage to be enshrined in the constitution.