Board of Trustees / Remuneration 2017 / Prospects

The Pension Fund Board has decided to apply the minimum interest rate set by the Swiss Federal Council of 1.0 % to the retirement capital for 2017. For 2018, the Swiss Federal Council has left the minimum interest rate pursuant to BVG [Swiss Federal Law on Occupational Retirement] unchanged at 1.0 %. Retirement capital held by members who leave the scheme during 2018 will be subject to the minimum interest rate up to their time of leaving. The Pension Fund Board will make a final decision on the definite annual interest for 2018 on retirement capital in December.