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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

Find out how the second pillar and therefore also your pension entitlements are doing.

Get the latest facts about conversion rates, performance and interest rates.

Read how sustainably pension funds manage more than CHF 1,000 billion.

Based on the information provided, make decisions for your savings in the third pillar.

Find out how the second pillar and therefore also your pension entitlements are doing.

Read how sustainably pension funds manage more than CHF 1,000 billion.

Get the latest facts about conversion rates, performance and interest rates.

Based on the information provided, make decisions for your savings in the third pillar.

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.

Would you like to know more about the Swiss pension fund landscape? You will find the most important information in the latest study (available in German).

Download study
Download the 2025 pension fund study