Resolutions of the Pension Board in 2025

In 2025, the Pension Board passed the following key resolutions :

• To grant additional interest of 2.75% on the retirement savings capital of active members, taking the total interest to 4% as at 31 December 2025 ;
• To set the interest rate on retirement savings capital at 1.25% for 2026, in line with the Federal Council decision on the minimum LPP/BVG interest rate ;
• To approve the new Fund Charter, the main aim of which is to change the arrangements for appointing employee representatives in order to strengthen the Fund’s democratic principles, and to clarify the situation regarding the representation of pensioners on the Pension Board. The new Fund Charter was ratified by the regulatory authority (Autorité de Surveillance LPP et des Fondations de Suisse Occidentale) in early 2026 ;
• Adopt new Organisation Regulations that describe the new election process in accordance with the new Fund Charter.

The Pension Board also formally noted :

• The actuarial report as at 31 December 2024, prepared by Mr Didier Sauteur of Aon Suisse SA, the Fund’s accredited pension actuary ;
• The appointment of Ms Ines Tornay as the Fund’s new head of administration.