The impacts of rising inflation and interest rates volatility on Swiss pension funds liabilities

Published March 2024
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In an ever-changing pension world, pragmatic actuarial creativity will continue to be required…

article by Aurélie Furet

 width= Aurélie Furet is an actuary at CPEG (Caisse de prévoyance de l’Etat de Genève).

The Swiss pension system is based on 3 pillars. The 2nd pillar, based on capitalization, relates to occupational benefits. It covers the risks of retirement, disability, and death. At the end of 2022, it represents 1.353 pension funds (-35% in 10  years), with 4.6 million active insured members (+18% in 10 years) and assets of 1.066 billion (+58% in 10 years).

 

Read the article here.

 

Disclaimer:

This column represents the opinion of the author, and not necessarily the opinion of the AAE.

This article was published in The European Actuary No. 37 – March 2024

The European Actuary Magazine