Information on Annual Report 2014

At its meeting on 21 April 2015, the Board of Trustees approved the Annual Report 2014 and the takeover agreement for the merger of the Pension Fund and the Pension trust.

The committee also dealt with the preparations for the new elections of the employee representatives on the Board of Trustees and discussed in depth the effects of the decision of the Swiss National Bank (SNB) to lift the cap against the EURO on 15 January 2015 – in particular the increase in the negative interest rate to minus 0.75%.