{
Elisabeth Baume-Schneider

People

}
Swiss minister proposes inheritance tax amid pension system challenges
Swiss Interior Minister Elisabeth Baume-Schneider is considering a federal inheritance tax and raising the retirement age to address the financial challenges facing the pension system. Despite her proposals, a recent rejection of a national inheritance tax by a parliamentary committee suggests limited support for such measures. With a significant portion of the population inheriting over the age of 60, Baume-Schneider argues that these discussions are necessary to manage the impending pension deficit.
SWI swissinfo.ch
Apple Inc. CHE Elisabeth Baume-Schneider Show more
Finance & Economy, News Article
09:40 12.12.2024
OASI Financial Forecast Errors Prompt Investigation and Future Corrections
The Federal Department of Home Affairs has received a report from an investigation into the OASI financial forecast, revealing no calculation errors but methodologically unsound implementations of forecasting functions. The investigation highlighted timely communication and insufficient documentation as key issues, with staff shortages contributing to the problems. Corrections to the financial models were initiated in May 2024, leading to new forecasts released in September 2024, while further measures for quality control and process management are being considered.
TICINO POLITICA
UFAS Bratschi law firm CHE Elisabeth Baume-Schneider
Finance & Economy, News Article
10:06 07.12.2024
Swiss Pension Forecast Errors Linked to Methodological Flaws Not Miscalculations
An investigation revealed that incorrect forecasting of Swiss pension expenditure stemmed from faulty methodology, not simple miscalculations. This led to implausible 10-year financing forecasts presented to voters ahead of pension reform referendums. The interior minister has ordered a probe into the discrepancies, prompting the resignation of the head of the Swiss social insurance office.
SWI swissinfo.ch
Swiss Franc Keystone-SDA CHE Stéphane Rossini Elisabeth Baume-Schneider
Finance & Economy, News Article
08:55 07.12.2024
Swiss Social Welfare Authority Faces Scrutiny Over Billions in Miscalculated Projections
An investigation revealed that the Swiss Social Welfare Organization AHV had overly pessimistic financial projections, with expenditures overestimated by CHF 4 billion due to inadequate documentation and flawed calculation methods. Despite the findings, no individuals were held accountable for the miscalculations, which persisted under former Federal Councillor Alain Berset's leadership. The FSIO corrected the forecasts under time pressure before key decisions on pension financing, raising concerns about the timing of the announcements.
muula.ch
Swiss Franc Bratschi law firm CHE Alain Berset Elisabeth Baume-Schneider
Regulatory & Legal, News Article
06:45 07.12.2024
Investigation Reveals Methodological Errors Behind AHV Breakdown Forecasts
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.
zentralplus
Federal Social Insurance Office CHE Elisabeth Baume-Schneider
Finance & Economy, News Article
21:00 06.12.2024
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.
rsi
Oasis BTC Federal Social Insurance Office CHE Stéphane Rossini Elisabeth Baume-Schneider
Regulatory & Legal, Press Release
20:52 06.12.2024
Investigation Clears Miscalculations in Avs Financial Outlook Amid Controversy
An investigation by the Federal Department of the Interior found no calculation errors in the Federal Social Insurance Office's financial outlook for the Avs, despite overestimations in outlays. The report highlighted deficiencies in documentation and processes, attributing issues to staff shortages, while political groups are calling for annulment of recent votes influenced by these projections. Measures to prevent future occurrences will be analyzed.
laRegione
Bratschi CHE Stéphane Rossini Elisabeth Baume-Schneider
Regulatory & Legal, News Article
20:20 06.12.2024
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.
lemanbleu.ch
Federal Social Insurance Office CHE Stéphane Rossini Elisabeth Baume-Schneider
Regulatory & Legal, News Article
19:54 06.12.2024
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.
Schweizer Radio und Fernsehen (SRF)
Federal Department of Home Affairs Federal Social Insurance Office CHE Stéphane Rossini Elisabeth Baume-Schneider
Regulatory & Legal, News Article
19:49 06.12.2024
Inquiry Finds No Miscalculation in AHV Financial Outlook Assessment
An administrative inquiry led by Elisabeth Baume-Schneider, head of the Federal Department of Home Affairs, has concluded that there was no miscalculation in the FSIO's assessment of the financial outlook for AHV. This finding addresses concerns regarding the accuracy of the financial projections.
lemanbleu.ch
AHV CHE Elisabeth Baume-Schneider
Regulatory & Legal, News Article
19:33 06.12.2024
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