Zurich was the first insurance company to opt for partially autonomous pension planning solutions, back in 2003, when it founded the Vita Joint Foundation. The positive development of the Vita Joint Foundation attests to the success of the semi-autonomous model.
Like many of its competitors, the Vita Joint Foundation recorded a negative performance in 2018, with a minus of 3.08%. This dent was already repaired in the first month of the current year. As per the end of May 2019, the Vita Joint Foundation had achieved a performance of 3.76% and a coverage ratio of an indicative 103.8%. As a pension fund, the Vita Joint Foundation employs a long term investment strategy: over the last five years, it has achieved an average return of 3.28%.
Like many of its competitors, the Vita Joint Foundation recorded a negative performance in 2018, with a minus of 3.08%. This dent was already repaired in the first month of the current year. As per the end of May 2019, the Vita Joint Foundation had achieved a performance of 3.76% and a coverage ratio of an indicative 103.8%. As a pension fund, the Vita Joint Foundation employs a long term investment strategy: over the last five years, it has achieved an average return of 3.28%.
Affiliated employers
Active members
Pensioners on own balance sheet
Assets in CHF million
Return on asset investments
Coverage ratio I (Art. 44 Abs. 2 BVV2)
Max. interest earned on mandatory savings capital
Max. interest earned on super-mandatory savings capital
(Amount of interest credits is dependent on date of joining the foundation)
21,828
129,470
2,912
14,021
-3.08%
100.0%
2.40%
3.15%