Will the 13th pension be paid if Swiss voters refuse to raise the Value Added Tax?
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The first payment of a 13th monthly state pension is planned for December. However, the funding for this project depends on a planned increase in the Value Added Tax. This tax hike must be approved by Swiss voters for the plan to proceed.
The first payment of the 13th monthly state pension is scheduled for December, but Swiss voters must still approve the source of the money for this expensive project - a hike in the Value Added Tax (VAT). What happens to this plan if they don't?