Key indicators
| Key indicators | 2022 | 2021 |
| Number of active insured persons | 93'456 | 90'990 |
| Number of pension recipients | 40'375 | 39'305 |
| Total assets (in CHF billion) | 37,0 | 41,3 |
| Available pension assets (in CHF billion) | 36,2 | 41,4 |
| Funding ratio | 97,6% | 111,6% |
| Affiliated employers | 433 | 438 |
| Performance (net; after costs) | -11,2% | 8,0% |
| Expense ratio TER-OPSC (total expense ratio according to OPSC) | 0,15% | 0,14% |
| Transparency ratio according to OPSC | 100% | 100,0% |
| Interest on pension savings | 2,1% | 2,0% |
| Technical interest rate | 1,75% | 1,75% |
| Cash flow (CHF million) | 65 | 238 |
Performance and funding ratio
Performance reflects the success that was achieved with the investments.
Cash flow
BVK generated cash flow of CHF 65 million in 2022 (2021: CHF 238 million). Cash flow is the difference between fund inflows (contributions, deposits and purchases) and outflows (pension and lump-sum payments). From an operational viewpoint, the objective is to achieve positive cash flow. This also has the advantage that a pension fund will not be forced for liquidity reasons to sell securities during a downturn on the financial markets.
In 2022, cash flow consisted of the following:
| Description | Amount in CHF million |
| Employee and employer contributions | 1'606 |
| Deposits (personal purchases, vested benefits brought in on joining, etc.) | 1'037 |
| Restructuring contributions by employer | 0 |
| Pension benefits | -1'223 |
| Lump-sum payments (retirement, death, advance withdrawal to promote home ownership, divorce) | -940 |
| Vested benefits paid out on leaving | -415 |
| Cash flow | =65 |