The Principality of Liechtenstein’s government has adopted a consultation report that sets out a comprehensive framework for ensuring the long‑term financial sustainability of the country’s Old‑Age and Survivors’ Insurance (AHV). The report highlights the increasing pressure on the AHV stemming from demographic shifts, such as an ageing population and a declining ratio of contributors to beneficiaries, and proposes a series of targeted reforms to address these challenges. Key recommendations include a gradual adjustment of contribution rates, a modest increase in the statutory retirement age, and the exploration of supplementary revenue streams such as targeted fiscal contributions and potential adjustments to benefit indexing. The government also emphasises the importance of maintaining the AHV’s core principles of universality and solidarity while introducing measures that preserve the system’s solvency for future generations. The consultation process involved extensive stakeholder engagement, including input from trade unions, business associations, and civil‑society organisations, to ensure that the proposed reforms reflect a broad consensus. The final report will be presented to the parliament for approval, after which the suggested legislative amendments will be drafted and implemented. This initiative underscores Liechtenstein’s proactive approach to safeguarding its social security framework amid evolving demographic and economic realities, aiming to secure a stable and resilient pension system for all citizens.

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