Swiss. Planned pension reform sees women working a year longer

The Swiss government plans to incrementally increase the retirement age of women to 65 while offering incentives for all people to work longer. The CHF2.8 billion ($2.84 billion) savings measures would be accompanied by a sales tax hike and extra pension payments for hardship cases. On Wednesday, Swiss interior minister Alain Berset presented the latest proposalsexternal link to rescue the ailing state pension system. Two previous plans have been rejected by Swiss voters in recent years. A central plank of the reform is...