Finances of the unemployment insurance

After the new unemployment insurance legislation came into force in 1984, the unemployment insurance (AC) scheme was able to build up a capital reserve. By the end of 1992 the capital reserve was fully depleted. The rate increases in both 1993 and 1995, as well as their reduction in 2003 and 2004 can be seen clearly in the income curve. Following the economic downturn of 2008, AC expenditure has risen again. By the end of 2010, the capital held by the AC stood at CHF -6.3 billion. In response, contributions rates were raised to 2.2% in 2011. In addition, the entry into force of the fourth LACI revision provided for a stricter application of the unemployment insurance principle, the removal of disincentives to work and a swifter return to work. Since 2011, the unemployment insurance scheme has closed with positive balances.

Last modification 14.05.2019

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