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A reform of the AVS unworthy of its challenges

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Those – they are undoubtedly few in number – and those who imagined that the AVS 21 reform could come into force in 2022 will have to wait. After its passage at the Council of States, the project is so unfinished, so poorly put together, so weak that it will still require long and deep reflections and discussions.

The Council of States was however warned: one does not succeed in a social reform if it is not flanked by safeguards which will make it acceptable to the population and compensate for the sacrifices requested. We have known this for a long time. The last successful AVS reform dates back to the 1990s. Raising the retirement age for women has already been refused twice at the ballot box, in 2004, then in 2017 as part of the 2020 pension plan ( PV 2020). Between these two dates, the people also rejected the lower conversion rate of the second pillar. It was in 2010. Each time, the sacrifices were deemed excessive and insufficiently compensated.

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