The investigation into the AHV breakdown revealed that the Federal Social Insurance Office (FSIO) had overly pessimistic financial forecasts due to methodological errors in its calculation program, not calculation mistakes. The report clears the FSIO of accusations of slow response and late communication, attributing quality control issues to a lack of personnel.
OASI Outlays Estimate Confirmed Accurate Amid Controversy and Resignation
An investigation by the Federal Department of Home Affairs confirmed that there was no miscalculation in the Federal Social Insurance Office's estimate of OASI outlays, despite concerns over overestimations. The findings indicated that while the computational functions were valid, the implementation lacked methodological rigor. Following the controversy, FSIO Director Stéphane Rossini announced his resignation, effective next June.
AHV Financial Outlook Miscalculation Attributed to Flawed Calculation Models
An investigation has concluded that the Federal Social Insurance Office (FSIO) did not miscalculate the financial outlook for the AHV, despite using flawed formulas that inflated long-term expenditure estimates. The FSIO identified the issue in May and developed new models, announcing the inaccuracies publicly in August. FSIO Director Stéphane Rossini will step down next year following the uproar caused by the revelations.
AHV Financial Outlook Misleading Due to Methodological Integration Issues
An administrative investigation revealed that inflated figures in the AHV financial perspective were not due to calculation errors but resulted from inadequate integration of two functions in the calculation model. Federal Councillor Elisabeth Baume-Schneider announced measures to enhance quality control and processes, with a report expected early next year. FSIO Director Stéphane Rossini will resign in June 2025 following the findings.
AHV Financial Perspective Inflated by Administrative Investigation Findings
The inflated figures for the AHV financial perspective were not due to a calculation error but stemmed from an administrative investigation. The Federal Social Insurance Office's pessimistic outlook likely influenced referendums, with two functions causing increased AHV expenditure and leading to implausible long-term forecasts. An investigation was initiated by Federal Councillor Elisabeth Baume-Schneider, and FSIO Director Stéphane Rossini is set to resign in June 2025.
AHV Financial Forecasts Corrected Following Administrative Investigation Findings
The Federal Social Insurance Office has clarified that the inflated AHV financial forecasts were not due to calculation errors but rather methodological shortcomings in the model used. An administrative investigation revealed that two functions had inflated expenditure estimates, leading to implausible forecasts. The report exonerates the involved personnel and emphasizes the need for improved quality control and knowledge transfer to prevent future issues.
AHV Financial Outlook Miscalculation Attributed to Methodological Issues Not Errors
An administrative inquiry concluded that there was no miscalculation in the AHV's financial outlook, despite erroneous figures. The Federal Social Insurance Office's calculation model lacked methodological rigor, partly due to staff shortages and inadequate documentation. The report will be published in early 2025, following an in-depth analysis.
director of federal social insurance office resigns amid criticism and miscalculations
Stéphane Rossini, director of the Federal Social Insurance Office (FSIO), has announced his resignation effective June 2025. Appointed in 2019, he oversaw significant projects, including OASI stabilization and Covid-19 benefits, but faced criticism for a billion-franc miscalculation in OASI expenditure projections. The FSIO director position will be opened for competition as Rossini plans to engage in part-time professional activities.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.