Important key figures
| 31.12.2025 | 31.12.2024 | Change | ||
|---|---|---|---|---|
| Portfolio data | ||||
| Number of active insureds (under age 22) | 535 | 602 | –11.1% | |
| Number of active insureds (age 22 or older) | 14,926 | 15,505 | –3.7% | |
| Average age of active insureds | 43.9 | 43.5 | 1.0% | |
| Number of retirement pensions | 8,075 | 7,989 | 1.1% | |
| Average age of retirement pensioners | 73.9 | 73.3 | 0.8% | |
| Number of disability pensions | 624 | 637 | –2.0% | |
| Number of spouse’s/partner’s pensions | 1,142 | 1,061 | 7.6% | |
| Number of divorce annuities | 30 | 25 | 20.0% | |
| Number of children’s pensions | 406 | 421 | –3.6% | |
| Total active insureds and pensioners | 25,722 | 26,216 | –1.9% | |
| Annual administrative experises per insured | CHF | 123.4 | 119.6 | 3.2% |
| Number of affiliated employers | 13 | 13 | –% | |
| 31.12.2025 | 31.12.2024 | Change | ||
|---|---|---|---|---|
| Balance sheet | ||||
| Balance sheet total | in CHF million | 13,482.9 | 12,932.6 | 4.3% |
| Retirement capital of active insureds | in CHF million | 5,328.6 | 5,184.5 | 2.8% |
| Retirement capital of pensioners | in CHF million | 5,343.7 | 5,383.8 | –0.7% |
| Technical reserves | in CHF million | 369.2 | 346.3 | 6.6% |
| Fluctuation reserve | in CHF million | 1,987.5 | 1,972.7 | 0.7% |
| Free reserves (shortfall) | in CHF million | 398.2 | – | –% |
| 31.12.2025 | 31.12.2024 | Change | ||
|---|---|---|---|---|
| Coverage ratio | ||||
| Coverage ratio | 121.6% | 118.1% | ||
| Target coverage ratio | 118.0% | 119.0% | ||
| Reserve deficit | –% | 0.9% | ||
| Reserve deficit | in CHF million | 0.0 | 101.1 | –100.0% |
| 2025 | 2024 | Change | ||
|---|---|---|---|---|
| Investment return | ||||
| Investment return after costs | 6.1% | 6.9% | ||
| Interest on accrued retirement benefits of active insureds | 5.25% | 6.00% | ||
| Technical interest on pensioners liabilities | 1.75% | 1.75% | ||
| 2025 | 2024 | Change | ||
|---|---|---|---|---|
| Key capital flows | ||||
| Insured total salary | in CHF million | 1,762.6 | 1,817.5 | –3.0% |
| Employee contributions | in CHF million | 181.1 | 183.5 | –1.3% |
| Employer contributions | in CHF million | 244.1 | 247.0 | –1.2% |
| Retirement pensions | in CHF million | 298.7 | 298.7 | –% |
| Survivors’ pensions | in CHF million | 33.3 | 31.8 | 4.7% |
| Disability pensions | in CHF million | 20.7 | 19.8 | 4.2% |
| Lump-sum benefits and other benefits | in CHF million | 190.7 | 144.9 | 31.6% |