Pension funds increase returns and coverage ratio
Published: Wednesday, Jul 10th 2024, 15:30
Back to Live Feed
Pension funds in Switzerland achieved an average return of 5.5% in the first half of 2024 - higher than the 5.2% in the previous year. As a result, the coverage ratio of the funds without a state guarantee rose from 110.3% to 115.6%.
This is shown by the projections of the Occupational Pension Supervisory Commission (OPSC), as detailed in a press release issued by the Federal Council on Wednesday. The OAK BV uses monthly monitoring to estimate the development of the financial situation of pension funds in Switzerland during the year.
The annual survey is based on data from 1266 pension funds with pension capital of around CHF 875 billion. The monitoring is limited to pension funds without a state guarantee and without a full insurance solution.
According to its own information, the Occupational Pension Supervisory Commission is an independent commission of authorities, financed by levies and fees. The overall supervision of the eight regional supervisory authorities by the OAK BV is therefore independent of instructions from parliament and the Federal Council.
©Keystone/SDA
English 
German 
French 
Spanish 
Arabic