Is this what they
If the latter
(Because my fund announces the interest for previous year at the start of this one, thus confused about how you framed it)
My spouse reported the same numbers. Any chance you just saw it online after receiving login for a new portal? 
Yes, some funds set the rate upfront. They aim for some stable base return, and then increase that when the current funding allows.
Wife reports 7.25%, MPK. Nice…
The target reserve is different for each pension fund, and can change over time.
I had a look at Profond’s latest annual report (2024) and they declared a target of 14,19%.
If at the end of 2025 they were at 111.1% coverage then they have not reached their target; however because they are between 75% and 100% of said target they’re still allowed to distribute additional interests (see art 46 of OPP2/BVV2). The confederation had to clarify the interpretation of this rule several times in the last few years since some funds were clearly stretching the meaning of “additional interest”.
5% is the interest for 2026. So they seem to set it based on the past year’s performance (or probably rather the resulting funding ratio).
2-3% for 2025, same as in 2024… I need to find a better job…
Still waiting for coverage ratio. But I believe it is well over 100%. Will update.
I’m changing employers in March, leaving behind the amazing UBS Pillar 2 for a mediocre plan at a big tech company.
I’m considering entering the “gray area” by transferring the funds to Finpension to get that 99% stock exposure.
Here is the situation and potential risks as I understand them:
P.S: I’m sorry if this is not the correct thread. I think this topic has already been touched in this thread, so I thought it make sense to reuse this one.
Mandatory “it’s not a grey area, the law is clear that the assets must be transferred to the new pension fund” as explained in this post: Finpension (2nd/3rd pillar investing) - #277 by Wolverine
What is lacking is good enforcement mechanisms, there is a change of law in the making that would change that if passed.
Iirc the buy-in form asks you explicitly, I wouldn’t lie on the form.
One risk is that the new law passes and your VB account gets transferred over during a market downturn.
I opened a new thread for the discussion on second pillar split:
Correct. No. It isn’t part of taxable/declarable.wealth wherever it is.
Consider splitting it. Send one part to Finpens I and the other part to the new pension fund. Sort of for splitting your gains, benefits etc.
Also the new PF will not hassle you as much if there is at least some amount incoming.
Don’t buy in if you keep VB outside.
Split between 2 foundations - preferably by mandatory and non mandatory. Can transfer mandatory to new fund in future if needed. In case of buying primary residence (or reducing mortgage) , you can take money out of VB with above mandatory portion - this provides you optionality if conversion rates of mandatory and above mandatory portions continue to diverge further.
FYI letemps had two articles touching the lawsuit from profond about the capped interests.
(read them on pressreader with my library access, was on todays newspaper)
Mine got published as well. All funds are managed by UBS but they do not published the fees applied to our funds nor the allocation and the sub-funds .
| Year | Fund return | Interest paid | Funding ratio | Conversion rate < 2,00kchf | Conversion rate > 2,00kchf |
|---|---|---|---|---|---|
| 2025 | 6,30% | 4,50% | 115,35% | 5,40% | 4,00% |
| 2024 | 9,60% | 5,00% | 112,83% | 5,00% | 5,00% |
4.5% employer with its own PK.
also important to me:
Disability pension (up to AHV age): 60% (of insured salary)
Disability Child-Pension: 12%
spouse pension: 48%
Orphan Pension: 12%
5% to 4% p.a. is a drastic change from one year to the next, reducing the pension payments by 20%. Is this strictly for the non-mandatory part or is this an overall conversion rate (which is more common nowadays, as far as I know)?
Actually, I have misunderstood. It is 5,40% bellow 2 millions chf and 4% conversion rate above.
Did anyone hear anything about the lawsuit in the meantime?
