Zug pension fund
| Zug pension fund | |
|---|---|
| legal form | public institution |
| founding | 1982 (merger) |
| Seat |
Zug Switzerland
|
| management | Rudolf Zeller ( Managing Director ) Christoph Schwerzmann (President of the Executive Board) |
| Number of employees | 10 |
| Branch | Pension funds |
| Website | www.zugerpk.ch |
The Zug Pension Fund , based in Zug, is an autonomous Swiss pension fund . It insures the state staff of the canton of Zug , the teachers of the Zug municipalities (with the exception of the city of Zug) and the employees of its affiliated employers within the framework of the 2nd pillar .
In 1982, the pension fund of the canton of Zug was founded from the merger of the pension funds for teachers and cantonal officials. Its roots go back to 1858 when the teachers' association founded its own support fund on a voluntary basis. In 1904 this was converted into a pension and health insurance for teachers with the assistance of the state. Independently of this, in 1916 the cantonal civil servants also voluntarily set up their own benefit fund, organized in the form of a cooperative, which was declared an obligatory state pension fund in 1922 by an ordinance of the cantonal council. After the merger of the two funds, there were two complete overhauls in 1995 and 2008 and finally the name was changed to Zuger Pensionskasse . On January 1, 2014, the new Pension Fund Act came into force, which regulates the legal, organizational and financial independence as well as the management of the pension fund as a partially capitalized pension fund.
Today the Zuger Pensionskasse is an institution under public law with its own legal personality . At the end of 2018, 112 employers and a total of 10,359 insured persons and 3,169 pension recipients were affiliated with it. The balance sheet total was around 3.8 billion Swiss francs.
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 , the associated ordinances and the law on the Zug pension fund . The legal basis also includes the regulations of the Zug pension fund.
organization
The highest body is the eight-member board. This is composed equally of four employer and employee representatives and half is elected by the government council of the canton of Zug or the state staff association, the teachers' association and the staff of the affiliated employers for a period of four years. The day-to-day operative business is managed by the manager.