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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.
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.
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.
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.
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.
An administrative investigation revealed that a billion-franc error in the AHV financial forecast stemmed from an external calculation program, not a miscalculation. The inflated figures influenced referendums, prompting calls from the Greens and SP Women to annul the recent AHV reform vote due to misleading expenditure forecasts. The Federal Council has since corrected the projected AHV expenditure for 2033, improving the financial outlook.
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.
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.
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.
An investigation by the Federal Department of Home Affairs found no miscalculation in the Federal Social Insurance Office's (FSIO) financial outlook for OASI, despite overestimations leading to implausible forecasts. The FSIO's slow response during summer 2024 was attributed to lengthy verification processes and staff shortages, not negligence. Following the discovery of erroneous formulas, the FSIO corrected its projections, revealing a reduction of 2.5 billion in OASI outlays by 2033, which has prompted calls from the Greens and Socialist Women to annul the OASI 21 reform vote based on inflated expenditure projections.
Stéphane Rossini
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Swiss Pension Forecast Errors Linked to Methodological Flaws Not Miscalculations
08:55 07.12.2024
OASI Outlays Estimate Confirmed Accurate Amid Controversy and Resignation
20:52 06.12.2024
Investigation Clears Miscalculations in Avs Financial Outlook Amid Controversy
20:20 06.12.2024
AHV Financial Outlook Miscalculation Attributed to Flawed Calculation Models
19:54 06.12.2024
AHV Financial Outlook Misleading Due to Methodological Integration Issues
Federal Department of Home Affairs
Federal Social Insurance Office
CHE
Stéphane Rossini
Elisabeth Baume-Schneider
19:49 06.12.2024
Billion Franc Error in AHV Forecast Sparks Calls for Vote Reassessment
19:12 06.12.2024
AHV Financial Perspective Inflated by Administrative Investigation Findings
Federal Department of Home Affairs
Federal Social Insurance Office
CHE
Stéphane Rossini
Elisabeth Baume-Schneider
19:06 06.12.2024
AHV Financial Forecasts Corrected Following Administrative Investigation Findings
18:53 06.12.2024
AHV Financial Outlook Miscalculation Attributed to Methodological Issues Not Errors
18:48 06.12.2024
Investigation Reveals No Miscalculation in OASI Financial Outlook Errors
18:47 06.12.2024
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