Switzerland is gearing up for a crucial vote on the reform of the occupational pension system, known as the BVG reform, scheduled for September 22. The proposed changes aim to secure future pensions by lowering the conversion rate from 6.8% to 6%, affecting the annual payouts from pension funds.

This has sparked a heated debate, with supporters arguing it will benefit low-income and part-time workers, especially women, by expanding coverage.

However, opponents, including left-wing parties and unions, warn of potential pension cuts and increased wage contributions.

The reform also proposes lowering the income threshold for pension eligibility, potentially benefiting 100,000 workers.

The political landscape is divided, with some members of major parties, like the SVP and the Greens, breaking ranks to oppose or support the reform.

The outcome of this vote could significantly impact Switzerland's pension system and its approach to social security.