Federal pension fund

The federal pension fund PUBLICA ( French Caisse fédérale de pensions PUBLICA , Italian Cassa pensioni della Confederazione PUBLICA , Romansh Cassa federala da pensiun PUBLICA ) is an independent public-law collective body of the Swiss Confederation . It is the second pillar of the three-pillar system of Swiss pension provision for federal employees .

Insured group

The fund looks after a total of around 59,000 insured persons and 44,000 pension recipients from the federal administration, the ETH domain, various decentralized federal companies and around 60 other companies under private or public law. Employers who are close to the federal government or who perform public tasks for the federal government, a canton or a municipality can join the fund. PUBLICA decides on the connection.

The fund carries out mandatory and extra-mandatory occupational benefits for the persons insured with it in accordance with the Federal Act of 25 June 1982 on Occupational Old-Age, Survivors' and Disability Benefits (BVG).

Legal bases

The legal basis is formed by the Federal Act on the Federal Pension Fund (SR 172.222.1) and the regulations issued by the Fund Commission (highest body). In the implementation of occupational pension schemes, like other pension schemes, the fund is bound by the mandatory provisions of the Federal Act on Occupational Retirement, Disability and Survivors 'Provisions and the Freedom of Movement Act, Federal Act on Freedom of Movement in Occupational Old-Age, Survivors' and Disability Pension Plans.

Pension reform

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The Federal Council has dealt with the change of primacy (from defined benefit to defined contribution plan) several times. With the defined contribution plan, the pensions should be based on the employer's and employee's contributions.

In January 2005 he commissioned the Federal Department of Finance (FDF) to draw up a dispatch for the complete revision of this law. This aimed to move from the defined benefit to the defined contribution plan, whereby the sum of the employer's contributions - measured against the insurable wage bill - should be comparable to the previous federal expenditure.

On December 20, 2006, parliament approved the complete revision of the federal pension fund. For the insured, this means increased contributions, reduced pensions and, de facto, an increase in the retirement age.

The Publica law was highly controversial, as the insured had to expect massive deterioration in their old-age provision (up to approx. −50%). Up until now (in the defined benefit plan), insured persons have deducted monthly wage deductions as an insured person's premium, but neither these contributions nor the employer's contributions have been credited to the individual insured persons - the money remained in the federal treasury and was spent on other things. Several billion Swiss francs were missing to fully finance the change of system - that is, to credit the insured with the amounts due per person under the defined contribution plan.

Web links

• Official website of the federal pension fund PUBLICA
• Federal Act on the Federal Pension Fund (PUBLICA Act) of May 1, 2007

Individual evidence

1. ↑ Publica: Legal Foundations
2. ↑ Press release measures for total revision Publica (PDF; 64 kB)
3. ↑ parliament.ch
4. ↑  ( Page no longer available , search in web archives ) nzz.ch