On September 30, 2022, Swiss Finance Minister Ueli Maurer surprisingly announced his resignation.
Maurer, a member of the Swiss People’s Party (UDC/SVP), became a member of the Federal Council in 2009, roughly equivalent to a member of the cabinet. He started out as Secretary of Defense before taking over as Treasury Secretary in 2016.
Maurer’s resignation was expected at the end of the current legislative period, so today’s announcement came as a surprise to many.
In due course, he will be replaced by someone from the same party. According to the party, a replacement will be chosen in line with the party’s central themes, which include neutrality, staying out of the EU, strengthening the military, greater energy and food self-sufficiency, lower taxes and limiting immigration.
After 40 years in government and 14 years as a member of the Federal Council, the 72-year-old is entitled to a public pension of around CHF 200,000, which will be reduced if he continues to work.
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