Resolutions of the Pension Board and Investment Committee in 2024

In 2024, the Pension Board passed the following key resolutions:

• To grant additional interest of 3.75% on the retirement savings capital of active members, taking the total interest to 5% at 31 December 2024;
• To grant an additional lump sum to pensioners on a special one-off basis, equal to half a monthly pension for 2024;
• To set the interest rate on retirement savings capital at 1.25% for 2025, in line with the Federal Council decision on the minimum LPP/BVG interest rate;
• To appoint Ms Alessandra Gaspari as a representative of the employer on the Fund’s Investment Committee;
• To renew the contract with PPCmetrics regarding reporting and controlling in relation to the Fund’s investments;
• To adopt a number of minor regulatory amendments to bring the Fund’s regulations into line with the recommendations of its accredited pension actuary and its auditor.

During 2024, the Pension Board was informed of the following resolutions passed by the Investment Committee in relation to investments:

• • The launch of two new investment programmes, one focusing on private equity and the other focusing on infrastructure. These programmes will compensate for the gradual winding-down of previous programmes and will diversify the Fund’s investments in terms of “vintages” by making regular investments in these asset classes.