'Historic Victory': Swiss Approve Pension Boost, Reject Later Retirement

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'Historic Victory': Swiss Approve Pension Boost, Reject Later Retirement
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Olivia Rosane is a staff writer for Common Dreams.

In a move that pensioners rights group Avivo called 'a historic victory for retirees,' Swiss voters on Sunday voted to boost their pension by one-month's payment.At the same time, voters rejected a measure to raise the retirement age from 65 to 66.

The measure needed both a majority of voters and a majority of cantons to pass, which it secured with 58.24% of voters and 16 out of 26 cantons, according to Le Monde.The increase was backed by left parties and the Swiss Trade Union Federation and opposed by business interests and the center-right government and parliament, who argued it would be difficult to pay for.

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