Dear Colleagues, dear Schindler Pension Fund Beneficiaries
Below is a review of performance over the past year, the interest to be paid on retirement assets, and important news from the Schindler Pension Fund. In brief:
- Performance of -7.1% is significantly better than the UBS pension fund barometer figure of -9.6%
- Interest of 1.0% is to be paid on retirement assets in 2022
- While the cover ratio has fallen from 123.5% to approx. 116%, the Pension Fund still enjoys a very good level of financial security
- The first Pension Fund ESG report was published, showing clear progress
- The life partner's pension was introduced, and the marriage penalty for pension recipients scrapped
- There will be a change to Pension Fund management in 2023