Pensions dropping in CH

Yes. It’s not easy to be making decisions when you know you will lose elections in next cycle.

I think Swiss system is a bit better as State pension is only one part of the game. In countries where most of the pension comes from the state, it can be very sad story for some retirees.

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“We all know what to do, but we don’t know how to get re-elected once we have done it.” ― Jean-Claude Juncker

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At least :joy:

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That sounds quite right… if you keep Romanian lei as cash under mattress.

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I wonder what my personal inflation rate is? Food is up at a guess between 30% and 50%. Eggs are up 8%. Electricity up. Health insurance. Car maintenance. Phone bills.

Do you already know the individual inflation calculator?

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Thanks. According to that 23%.

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That calculator has some weird looking data (for my taste anyway).

E.g. what’s up with clothing and footwear?

And how is the average person supposed to interpret -4% for health insurance, when premiums have risen year over year?

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For me CHF personal inflation is negative, as I spend more than half in Euros. And next year the CHF pension rises 8.33% plus inflation.

Your numbers are totally and utterly wrong.

Disregarding healthcare, inflation wasn‘t even 1% the last decade on average: Switzerland Inflation Rate

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Ah these posts are a continuing source of inspiration

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Since 2000 so ~0.83% annually?

I find this very surprising. Looking at my biggest costs:

  • Taxes
  • Childcare
  • Rent/housing
  • Health insurance
  • Energy
  • Food

They have all gone up. Many quite substantially.

Are you weighting them with regards to your personal situation, the number/age of your children and your personal habits?

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It’s because you consume more stuff, not just because stuff costs more per unit.

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Completely wrong. VAT up on same amount.

Childcare. My child didn’t multiply into two. Same consumption.

Rent housing. Well, you just need to look at rising rents over the years to see. Even same flat rates have changed.

Health insurance. Never claimed, still went up.

Food. With shrinkflation, I’m actually buying less but the price is going up.

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Taxes and health insurance (and insurances in general) are transfer payments and not included in CPI.

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Meaning people living the typical Swiss way and not sparing much purchase one third less of the stuff they had the year before, year after year, and they don’t notice and take the streets? That brings you to less than 10% of what you previously could afford after 6 years. 10% of the housing (that’s a lot less square meters to live in), half the food, half the clothes, half the entertainmnent (or maybe no entertainment and more of the other stuff, maybe they have a huge entertainment budget?)?

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No. We are not “robbed”, and inflation certainly is not 10%/year let alone 50%. Is this some kind of a bit, where you keep escalating the number to ever more absurd levels, and see when you get called out on it?

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Please stop being delusional. We live in a country where inflation is low.

Have you ever checked the CPI data for Switzerland?

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