The Swiss government has discovered a significant accounting error regarding the financial outlook of the AHV (Old Age and Survivors' Insurance).

Initially projected to face a deficit of 7.3 billion francs by 2033, the revised estimate now indicates a shortfall of only 4 billion francs.

This correction, revealed by the Federal Office for Social Insurance, stems from two faulty mathematical formulas that overstated future expenses.

As a result, the financial situation of the AHV appears less dire, potentially impacting discussions around the proposed 13th AHV pension.

The government plans to reassess funding strategies, with less urgency to raise contributions immediately.

Political reactions are mixed, with calls from the Social Democrats to halt any cuts to pensions, arguing that the new figures support a more stable future for the AHV.