COPRÉ in a few figures
The funded status is an indicator of the financial equilibrium of a pension fund. The funded status expresses the ratio between the pension fund’s assets and its commitments to its affiliated companies.
At COPRÉ, we remain vigilant in order to guarantee a high funded status combined with prudent parameters.
Distributed interest rates
The interest rate is the additional contribution credited annually by an occupational benefits foundation to the members' retirement assets.
The members of COPRÉ regularly receive interest that is higher than the legal minimum and applied on the whole of the savings capital. Moreover, the Foundation has received a number of awards recognising its excellent performance in terms of investments and interest distributed.
Conversion rate
At the time of retirement, the amount of the old-age pension depends directly on the conversion rate applied to the accumulated retirement savings. This rate determines the portion of the saved capital that is converted into an annual pension.
In the interest of stability and predictability for insured persons, the COPRÉ Foundation Board has decided to maintain a conversion rate of 5.6% for men at the age of 65 and for women at the age of 64, valid until 31 December 2028.
As of 1 January 2029, the retirement age for women will be aligned with that of men, i.e. 65 years. The conversion rate will then be set at 5.6% for all insured persons at retirement age, thus ensuring equal treatment and continuity in the calculation of pensions.
The statutory COPRÉ conversion rates applicable up to 2029 can be found in the pension regulations under the heading “Appendix – Conversion Rates”. The Foundation also reserves the right to apply, on a case-by-case basis, deviating conversion rates, which are defined in an appendix to the affiliation agreement as well as in the pension plan.
Assets performance
OUR PERFORMANCE IS BASED ON AN ASSET ALLOCATION STRATEGY THAT MEETS OUR REQUIREMENTS IN TERMS OF RETURNS, RISK DIVERSIFICATION AND SUSTAINABILITY.
The performance of our portfolio is our main concern. Our goal: controlled and sustainable net returns. To achieve this, we have established a diversified investment strategy based on three fundamental and complementary pillars: real estate, equities and alternative and bond investments.
This allocation strategy enables us to sustainably meet our commitments while securing our pension funds and consequently the robustness of the Foundation. Below you will find a summary of our performance against the benchmark index, from 2008 to today, detailed on a monthly basis.
Development of assets and commitments
GROWTH AND NUMBERS ATTEST TO OUR COMMITMENT AND STABILITY. ALMOST 50 YEARS OF HISTORY.
Created in 1974, COPRÉ has made time a precious ally. Over the years, more than 1,258 affiliated companies, from the smallest to the large multinationals, have placed their trust in us, totalling more than 27,657 active members.
With more than CHF 6.5 billion in assets and related liabilities and 3,374 pensioners, the figures show that growth is a key factor in our sustainability. Results that attest to our ability to master time, and write our history.
