The mini-AHV is a neologism of the NZZ. The newspaper created this term to describe the pay-as-you-go component in the social partners’ proposal for the reform of occupational pension schemes. A mini-AHV is to be introduced to cushion the reduction of the pension conversion rate from 6.8 to 6 percent. This mini-AHV will be financed by additional employee contributions of 0.5 per cent. The wage contribution is to be paid for an indefinite period, while the pension supplement will decrease over the years.