2017 Annual Report of the Pension Fund of Credit Suisse Group (Switzerland)
Published:
The Pension Fund of Credit Suisse Group (Switzerland) achieved a return of 9.0% as of the end of 2017 (3.7% for 2016). The coverage ratio increased by 7.1% to 115.6%.
As of the end of December 2017, 18,522 active employees were insured with the Pension Fund, which is 260 fewer than the previous year. The number of pensioners decreased by around 0.6% to 11,342.
The total assets of the Pension Fund of Credit Suisse Group (Switzerland) increased by more than CHF 1 billion compared to the previous year and stood at just over CHF 17 billion as of the end of 2017.
For further information on the annual results, please see the abridged or full version of the 2017 Annual Report of the Pension Fund of Credit Suisse Group (Switzerland).