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Active members: thanks to comPlan’s sound financial situation, your savings will earn interest of 5.25%
One important task of pension funds is to manage the capital paid in jointly by employees and their employer. The goal is to remain secure and profitable over the long term, ensuring that the necessary benefits can be provided in retirement. Each year, the Federal Council sets the minimum interest rate that pension funds must pay on retirement savings. In accordance with the regulations, the board of trustees of a pension fund can decide to apply higher interest rates, taking into account the financial situation. For example, comPlan’s Board of Trustees has set itself the goal of paying interest on retirement savings in line with the respective current financial year, i.e. passing on part of the returns wherever possible.
Two main factors are taken into account when calculating the interest to be paid on retirement savings: the coverage ratio and the annual return:
The coverage ratio is an indicator of financial stability. Specifically, it measures the extent to which financial obligations are covered by the available assets. With a coverage ratio of approx. 122%, comPlan is in a financially sound position and its long-term pension liabilities are financed with sufficient security.
The annual return arises from the investments made by comPlan. At the time of the interest rate decision for 2025, this stood at 4.5%.
As both indicators have reached a solid level, the interest rate to be applied to retirement savings for employees has been set at 5.25%. This is higher than the average of the last five years.
Interim cash flows during the 2026Â financial year (vested benefits, retirements during the year, etc.) will earn interest at 1.25%.
Participation of pension recipients in investment income
The federal law on occupational pension schemes (BVG) stipulates that pension recipients should be able to participate in a pension fund’s free reserves if its financial situation is good. comPlan’s Board of Trustees has discussed this intensively in recent quarters and adopted a participation grid on 12 September 2025. This enables pension recipients to participate in the returns on investments.
The grid will be submitted to the Board of Trustees each year as an actionable recommendation and is part of an overall concept that also includes interest on the retirement savings of active members and the procedure to be followed in the event of an (unlikely) restructuring.
As active members bear investment risks without an interest guarantee, generating interest on their retirement savings continues to take priority. At the same time, we want pension recipients to participate in positive developments. Two instruments are available for this:
1.     Adjustment of current pensions for inflation (inflation adjustment)
The review of adjustments for inflation is based on the national consumer price index (CPI).
Observation date: September; the change compared to September of the previous year is considered (annual review).
The inflation adjustment corresponds to the maximum annual inflation rate. If annual inflation is below 0.5%, no inflation adjustment is made. This minimum requirement avoids adjustments of small amounts and allows free funds to be used specifically for measures with a noticeable effect (see section 2).
Inflation adjustments that are not granted are not cumulatively made up for in subsequent years.
2.     One-off payments
Depend on the available free funds; can be paid out independently of inflation compensation.
The one-off payment ranges from half to three months' pension. The current monthly pension serves as a reference.
The amount is determined on a sliding scale based on the date of commencement of the pension or the underlying conversion rate in order to take account of the different conversion rates of previous years – and thus the guaranteed benefit promise.
The prerequisite for both instruments is that comPlan is in a good financial position and the target fluctuation reserve has been reached. Measures that have been decided upon take effect from April onwards, subject to the revised annual accounts.
At its meeting on 25 November 2025, the Board of Trustees decided not to grant any inflation adjustment, as annual inflation is below 0.5%. Thanks to comPlan's sound financial position, the Board of Trustees has decided to make a one-off additional payment for 2025. The payment will be made on 15 April 2026 together with the regular monthly pension. The amount of the additional payment ranges from half to three months' pension and takes into account the different conversion rates at the time of retirement. Current old-age, disability and survivors' pensions as at 1 January 2026 will not be increased.