Swiss Federal Pension Fund

(Redirected from Federal Pension Fund)

The Swiss Federal Pension Fund (PUBLICA) (German: Pensionskasse des Bundes PUBLICA, French: Caisse fédérale de pensions PUBLICA, Italian: Cassa pensioni della Confederazione PUBLICA) is the pension fund of the employees of the Swiss federal administration (second Pillar of the three-pillar Swiss pension system).

PUBLICA Act
Federal Assembly of Switzerland
  • Federal Act on the Federal Pension Fund (SR 172.222.1)
Territorial extentSwitzerland
Enacted byFederal Assembly of Switzerland
Enacted20 December 2006
Commenced1 May 2007
Repeals
Ordinance governing the Federal Pension Fund (1994)
Status: Current legislation

As of 2021, the fund served a total of around 66,800 insured persons and 42,000 pensioners from the Federal Administration, the ETH Domain, various decentralized federal companies and around 60 other companies under private or public law. It manages 44 billion CHF worth of assets,[1][2] making it the largest pension fund in Switzerland.[3] The fund is open to employers who are affiliated with the Confederation or who perform public tasks for the Confederation, a canton or a municipality.

PUBLICA is established as a separate legal personality and governed through a dedicated Swiss federal law, the Federal Act on the Federal Pension Fund (PUBLICA Act) (German: PUBLICA-Gesetz, French: Loi relative à PUBLICA, LPUBLICA, Italian: Legge su PUBLICA).[4] It is administratively attached to the Federal Department of Finance.[5]

References

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  1. ^ PUBLICA, Rapport de gestion 2021
  2. ^ "Swiss Pension Fund Publica Lost 9.6% in 2022 | Chief Investment Officer". www.ai-cio.com. Retrieved 18 April 2023.
  3. ^ Serenelli, Luigi (20 September 2022). "Publica in talks with large pension funds for co-investments in infrastructure". IPE. Retrieved 18 April 2023.
  4. ^ "Fedlex". www.fedlex.admin.ch. Retrieved 3 April 2023.
  5. ^ FDF, Federal Department of Finance. "Organisation". www.efd.admin.ch. Retrieved 22 May 2023.
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