The ZKB made a technical processing error. The payment of February salaries was triggered twice, the city and the bank said in a statement on Monday. Everything was done correctly by the administration.
The 30,000 city employees who received double salaries have nothing to celebrate. They are obliged to repay the second salary paid in error. The overpayment amounts to CHF 175 million (around $199 million). ZKB and the city are currently working on a solution to make the repayment as straightforward as possible.
Translated from French by DeepL/ac
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles. You can find them here.
If you want to know more about how we work, have a look here, and if you have feedback on this news story please write to english@swissinfo.ch.
Popular Stories
More
Aging society
No house generation: the impossibility of buying property in Switzerland
Swatch shareholders reject board bid by Steven Wood
This content was published on
At the Swiss watchmaker’s Annual General Meeting on Wednesday, 79.2% of votes cast opposed his election to the supervisory board.
WHO members agree to 20% rise in mandatory contributions
This content was published on
If the resolution is backed in the plenary session, the organisation’s budget for 2026-2027 will rise to CHF4.2 billion ($5.1 billion).
Japanese inflatable concert hall heads to Switzerland for the first time
This content was published on
The Ark Nova has been assembled four times to date – each time in a Japanese city. But this September, it’s heading to the Lucerne Festival.
Swiss government pledges CHF11 million to UNRWA amid Gaza crisis
This content was published on
Switzerland will contribute CHF20 million to meet urgent humanitarian needs in the occupied Palestinian territory and to support UNRWA operations.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.