Glossary
Pension Fund
A Pension Fund is an occupational pension institution that manages and invests the retirement savings of employees of one or more employers. It provides benefits for old age, disability, and death, and is subject to supervision by cantonal or inter-cantonal supervisory authorities as well as federal law (BVG, BVV 2).
At a glance
- Every pension fund must have a board of trustees composed on a parity basis of employee and employer representatives (BVG Art. 51).
- The pension fund's regulations determine whether and to what extent supra-mandatory benefits are provided.
- The funding ratio indicates whether the pension fund can fully meet its benefit commitments with its available assets (BVV 2 Art. 44).
Frequently asked questions
Each insured person receives an annual pension certificate from their pension fund. This shows the current retirement savings, the insured benefits for disability and death, and the contributions paid. The certificate is the central basis for personal retirement planning and indicates any shortfall relative to the maximum purchase potential.
Part of the topic
Pension & Retirement
Sources: Bundesamt für Sozialversicherungen (BSV) · Systematische Rechtssammlung (fedlex)
This entry is for general information purposes only and does not constitute investment, legal or tax advice. It is a simplified summary of the legal position and tax treatment.