Understand the second pillar
Find out how the second pillar and therefore also your pension entitlements are doing.
Pension Funds Study: A healthy second pillar
Our annual Swiss Pension Funds Study is a reliable source of information. For more than 20 years, it has provided valuable insights into the second pillar, monitoring the returns achieved by Swiss pension funds. The study presents the current condition of Swiss pension funds.
Knowledge advantage with the Pension Funds Study
What makes the Pension Funds Study unique?
Our Pension Funds Study covers around 500 pension funds. It fulfils an important societal task by providing insights into the general condition of domestic pension funds. It has been providing orientation on the performance values of pension funds year after year, for more than 20 years.
Focal points and highlights
The economy and society are changing. Pension funds and asset managers are staying abreast of these changes. That is why our Pension Funds Study always addresses current key topics such as the embedding of sustainability in pension funds.
Key insights from 2025
5x more interest
Some active insured persons received five times more interest than others in 2024.
Top performance is not a question of risk tolerance
The big differences in performance – and therefore in returns – are not primarily dependent on risk tolerance.
Conversion rate not a major factor in capital withdrawals
Contrary to popular belief, the conversion rate is not the key factor for pure capital payments.
Ambition pays off
Since 2020, the best health insurance funds have achieved an average of 3 percentage points more return for their insured members than the weakest funds.
Consistently stable
For 25 years, despite several crises, insured persons have almost without exception benefited from positive real interest rates.
39% draw only a pension
Only 39% of insured persons receive a pension exclusively – almost as many receive capital.