Estimated performance as of the End of May 2020

The Pension Fund of Credit Suisse Group (Switzerland) posted an estimated performance of 1.61% in May. Its overall estimated performance for the year to the end of May 2020 is -2.90%.

Performance as of the End of April 2020

The Pension Fund of Credit Suisse Group (Switzerland) posted a performance of 3.51% in April. Its overall performance for the year to the end of April 2020 is -4.44%.

2019 Annual Report and financial situation of the Pension Fund

Insurance certificate on MyPension

Your insurance certificate is available to view on the MyPension portal within the next few days.

Performance as of the End of January 2020

The Pension Fund of Credit Suisse Group (Switzerland) posted a performance of -0.17% in January. Its overall performance for the year to the end of January 2020 is -0.17%.

Performance as of the End of December 2019

The Pension Fund of Credit Suisse Group (Switzerland) posted a performance of 0.80% in December. Its overall performance for the year to the end of December 2019 is 11.28%.

Interest rate of 2.25% for 2019

The Board of Trustees has set the interest rate for the pension capital savings and retirement capital savings pension pots at 2.25% for 2019. At the same time, it has approved a prospective interest rate of 1% for 2020. The prospective interest rate determines the intrayear interest paid on retirement savings capital.

Change to the Board of Trustees of the Pension Fund

Following the departure of employee representative Stéphane Che from the Board of Trustees, Daniel Egli will be taking on this position on the Board of Trustees of the Pension Fund and Pension Fund 2. Daniel Egli works as a financial planner in E&E and HNWI. He took up his duties on October 18, 2019.

Pension Fund regulations 2020

Owing to the introduction of the 1e retirement capital savings plan, the Pension Fund of Credit Suisse Group (Switzerland) will comprise two foundations from 2020: the Pension Fund for pension capital savings, and Pension Fund 2 for 1e retirement capital savings. Consequently, two separate sets of Pension Fund regulations will be introduced from next year.

New retiree representative in the Board of Trustees of the Pension Fund

Effective October 1, 2019, Markus A. Beeler joins the Board of Trustees of the Pension Fund of Credit Suisse Group (Switzerland) as retiree representative.