The conversion rate is used to convert your retirement assets into an annual pension. The federal government determines the conversion rate for mandatory employee benefits insurance, while pension funds are free to set the conversion rate for the extra-mandatory part.

The Pension Fund of Credit Suisse Group (Switzerland) has introduced an incremental reduction in the conversion rates for extra-mandatory benefits. To calculate your retirement pension, the assets in the pension capital and pension capital supplementary account pension pots are multiplied by the corresponding conversion rate when you retire.