News from the Board of Trustees April 16, 2021

  • 23.04.2021

General Electric Switzerland Pension Fund (PF) / Supplementary Insurance Plan (SIP): News from the Board of Trustees, 16 April 2021

Current performance

In March, the PF generated a return on investments of 2.28%. The accumulated result from January to March 2021 thus amounts to 2.58%.

Approval of annual accounts

The Board of Trustees has approved the 2020 annual accounts of the PF and the SIP. The PF generated an impressive total return of 5.2%. The coverage ratio rose to 119.3% (previous year: 117.0%).

Appointment of auditor

KPMG was confirmed as auditor for financial year 2021.

Appointment of expert

The previous expert, Dr. Olivier Kern of Pittet Associates AG, was reappointed for financial year 2021.

Information events in 2021

Further information about the Pension Fund will be provided at the information events, which will take place at 10 a.m. on the following dates:

Date Language Form Monday, 31 May 2021 German in person, room Vindonissa in Birr Tuesday, 1 June 2021 English MS Teams Wednesday, 2 June 2021 German MS Teams

The next meetings of the Board of Trustees will take place on 14 June 2021.