"Swiss Referendum: Changes to Pensions and Retirement Age"

Switzerland held a referendum on raising the retirement age from 65 to 66 and increasing pension payments, with polls indicating that the age raise proposal is likely to be rejected while the outcome for the pension payment boost remains uncertain. Critics argue that raising the retirement age could worsen the employment situation for the elderly, while supporters point to Switzerland's high life expectancy and the need to address rising living costs. The country's expensive living expenses and concerns about the potential cost to the state and tax increases are also part of the debate.