Cover ratio 2015


The cover ratio has fallen from 115.6% (end-2014) to approximately 114%.

The investment performance would actually have been sufficient to maintain the cover ratio at more or less its previous level.

However, in view of the low-interest environment and further increases in life expectancy – on average, a 65-year-old man can now expect to live for a further 19.8 years, or 0.8 years more than five years ago – the Board of Trustees has decided to increase the provision for the planned reduction in the actuarial interest rate from 3.0% to 2.5%, and the transition from the actuarial to the generational method of calculation, to its maximum.


Schindler Pension Fund
Zugerstrasse 13
6030 Ebikon

T. +41 41 445 3139
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