News from the Board of Trustees, 12 November 2021

  • 12.11.2021

General Electric Switzerland Pension Fund (PF) / Supplementary Insurance Plan (SIP): News from the Board of Trustees, 12 November 2021

Current performance (PF only: the 1e solution including individual choice of investment strategy has applied to the SIP since 1 January 2019)
In October, the PF generated a return on investments of 1.14%. The accumulated result from January to October 2021 thus amounts to 7.50%.

Threshold amounts in 2022
The threshold amounts will not change as of 1 January 2022. We will make the factsheet with the 2022 figures available on the Internet in early January 2022.

Interest rates in 2022 / pension adjustments
In 2022, the Federal Council’s BVG minimum interest rate on 2nd pillar savings capital remains at 1.00%. The Board of Trustees has also decided on a 1.00% interest rate on savings capital in the PF in 2022. The projected interest rate will likewise remain at 1.00%.

Pensions will not be raised as of 1 January 2022.

The next meetings of the Board of Trustees will take place on 11 April 2022.