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Swiss Minister Says Migrants Boost Economy

A senior Swiss minister has voiced strong support for migration, highlighting its economic benefits ahead of a key national vote in Switzerland.

The debate comes as the Swiss People’s Party pushes a proposal titled “No to 10 Million Switzerland,” which aims to limit the country’s population growth. The initiative seeks to curb immigration and will be put to a public vote on June 14.

Supporters of the proposal argue that rising immigration contributes to housing shortages and places increasing pressure on transport systems and public services.

However, Swiss Interior Minister Elisabeth Baume-Schneider has publicly defended migration, emphasizing its positive impact on the national economy. She stated that foreign workers play a vital role in strengthening Switzerland’s financial system.

According to the minister, migrants significantly contribute to the country’s pension system. She noted that foreign workers pay more into the pension scheme than they receive, effectively generating a surplus that supports long-term financial stability.

Her remarks come at a critical moment as voters prepare to decide on one of the most debated migration policies in recent years. The outcome of the referendum could shape Switzerland’s future approach to immigration and economic growth.

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Migrants Essential for Switzerland’s Pension System, Minister Says

Elisabeth Baume-Schneider has stated that migrant workers play a crucial role in sustaining Switzerland’s public pension system. Speaking in a recent media interview, the minister responsible for social insurance highlighted the importance of immigration in maintaining the financial stability of the country’s pension scheme.

According to Baume-Schneider, many residents in Switzerland receive more in pension benefits than they contribute during their working years. This imbalance makes the contributions of foreign workers essential to keeping the system financially balanced. She emphasized that migrant workers typically pay more into social insurance programs than they withdraw in benefits.

The minister’s remarks come amid ongoing political debate surrounding the “No to 10 million” immigration control initiative. The proposal, supported by Swiss People’s Party, argues that foreign nationals place a burden on Switzerland’s social welfare system.

However, Baume-Schneider strongly rejected this claim. She warned that Switzerland’s aging population is increasing rapidly, and without migrant workers actively participating in the labor market, it would become increasingly difficult to sustain the pension system in the long term.

Switzerland’s AHV Pension System operates on a pay-as-you-go model, where current workers fund the pensions of retirees. In this system, a steady and sufficient workforce is critical to ensure continuous payments. The minister stressed that immigration remains a key factor in maintaining this balance.

This issue has become a central topic in Switzerland’s economic and political discussions, as the country seeks to balance demographic challenges with sustainable social security policies. The outcome of the ongoing debate will significantly influence the future of Switzerland’s pension system and immigration strategy.