Swiss Economicblogs.org
A 2.5% pay increase for Swiss parliamentarians to compensate for inflation was rejected this week by the Council of States, Switzerland’s upper house or senate, reported SRF. Bundeshaus – © Ocskay Mark | Dreamstime.comIn Switzerland, working as a member of parliament is a part time job, typically occupying 60% to 80% of an individual’s working hours. On average they are paid CHF 142,000 a year. This money covers pay and expenses. Expenses make up around 7% of the total. The rest is income...
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