Dear Colleagues, dear Schindler Pension Fund Beneficiaries
Below is a review of performance over the past year, the interest to be paid on retirement assets, and important news from the Schindler Pension Fund. In brief:
- Good performance of +4.20% in a challenging environment
- Interest of 5.50% to be paid on retirement assets in 2023
- Cover ratio rises from 116.4% to approx. 121%, i.e. an excellent level of financial security for the Pension Fund
- Pension Fund's 2023 ESG Report published; Klima-Allianz Schweiz rating now light green
- Amendments to the Pension Fund Rules as of January 1, 2024, in response to AHV 21 reforms and new Data Protection Act
- Portal for insureds replaces paper mail
- New Board of Trustees members from 1 January 2024