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


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
Scroll Top Link