Switzerland.
Switzerland ranked 11th globally with an average total score of 54.
The Swiss pension system is founded on three pillars. The first is a state-run pension scheme for seniors, orphans, and surviving spouses. The second pillar consists of pension funds run by investment foundations, which are tied to employers. The third pillar is composed of voluntary private investments. The plans that were a part of this review primarily fall under the second pillar.
The review included three public institutions, including the fund responsible for investing assets backing social security and two of the largest private pension funds. The public institutions managed assets primarily for public workers or pensioners tied to the Confederation, specific cantons, or communes within Switzerland.
Overall Factor Ranking
Cost
Governance
Performance
Responsible Investment
Overall Results
Switzerland.
Funds Analysed
BVK
BVK is the pension fund for employees of various entities of the canton of Zurich. BVK covers more than 124,000 members 450 affiliated employers and has pension assets of 35 billion Swiss francs.
Compenswiss
Compenswiss is an independent public institution that manages and administers the Swiss Federal social security funds.
Migros
Migros is Switzerland’s largest retail company, supermarket chain, and employer. It manages the pensions of over 80,000 members, representing assets of almost 26 billion Swiss francs.
PUBLICA
PUBLICA is an independent pension institution that is comprised of 13 open and seven closed pension plans, managed on behalf of public entities in the Swiss Confederation. PUBLICA covers more than 100,000 members and has total assets of 41 billion Swiss francs.
SBB
SBB is Switzerland’s national railway company. The pension fund manages the assets of 55,000 members, representing total holdings of almost 19 billion Swiss francs.