PKE Energy Pension Fund
| PKE Energy Pension Fund | |
|---|---|
| legal form | Foundation, endowment |
| founding | 2000 |
| Seat | Zurich , Switzerland |
| management | Ronald Schnurrenberger (Chairman of the Management Board ) Peter Oser (President of the Board of Trustees ) |
| Number of employees | 33 |
| sales | 540.5 million CHF (deposits and entry benefits 2019) |
| Branch | Pension funds |
| Website | www.pke.ch |
The PKE Energy Pension Fund , based in Zurich, is a Swiss pension fund . It insures the staff of its affiliated companies with mandatory and extra-mandatory benefits under the defined contribution scheme as part of the 2nd pillar . The aforementioned foundation was created in 2000 to complement the PKE Energy Pension Fund, which was founded in 1922 . As of the end of 2019, a total of 211 companies, mainly from the energy industry , with around 16,400 active insurers and around 8,900 retirees were affiliated. The assets under management amounted to 10.6 billion Swiss francs .
Collective foundation
From 2000 to 2014 the PKE was a community foundation. On January 1, 2015, it opened up as a collective foundation. This makes it easier for new companies to join. A full purchase in the PKE's fluctuation reserve is no longer mandatory and can only be made partially. In this case, the new company forms its own pension fund. These individual pension funds have their own coverage ratio and are managed separately from the companies that have bought in full.
Legal bases
The legal basis is formed by the Federal Act on Occupational Old-Age, Survivors 'and Disability Pension Plans , the Federal Act on Freedom of Movement in Occupational Old-Age, Survivors' and Disability Pension Plans and the associated ordinances. The pension regulations are also part of the legal basis.
organization
The organs are made up of the Board of Trustees and two committees . The external organs are the auditors and the occupational pension experts . The supervisory authority is the Office for Occupational Pensions and Foundations of the Canton of Zurich BVS.
Board of Trustees
The board of trustees is the highest body. It is composed equally of six employee and six employer representatives and is elected for three years. The President of the Board of Trustees is Peter Oser, employee representative of the affiliated companies. Vice President is Martin Schwab as the employer representative. The most important tasks of the Board of Trustees include:
- Definition of the corporate mission statement and the basic strategy
- Establishing the organization, in particular issuing and amending regulations
- Definition of objectives and principles as well as regulation of the implementation and monitoring of the investment (investment strategy, investment policy, investment guidelines)
- Definition of the goals and principles of the insurance sector (insurance strategy, insurance policy)
- Determination of the actuarial principles, including the technical interest rate, after consulting the occupational pension expert, as well as the interest rates for all insurance plans
- Appointment and dismissal of the members of the management as well as election of control bodies and external experts
Committees
The PKE Energy Pension Foundation has two committees made up of equal numbers of employer and employee representatives from the Board of Trustees, the Investment Committee and the Personnel Committee. The tasks of the committees are laid down in corresponding regulations.
Auditor / expert for occupational benefits
The auditor and the expert for occupational pensions perform their duties in accordance with Art. 53 BVG and Art. 33 ff BVV2, respectively.
Web links
- Key figures / official website
- Annual report 2018
- Entry of the PKE Energy Pension Fund in the commercial register of the Canton of Zurich