| A | |
| Annual insured salary | |
As a rule, this corresponds to the part of the salary subject to AHV/AVS contributions. Communicated to PUBLICA by your employer. |
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| B | |
| Benchmark | |
Reference value or measure against which the performance (Glossary) (success) of an investment (Glossary), investment (Glossary) category or portfolio (Glossary) is measured. If the benchmark is an index, it is also known as a reference index. |
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| Board of Directors | |
PUBLICA's supreme governing and supervisory body. Comprises an equal number of employer and employee representatives. |
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| BVG/LPP | |
Federal Act on Occupational Old Age, Survivors' and Disability Pension Plans |
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| BVG/LPP minimum interest rate | |
Set by the Federal Council. Applicable to the minimum retirement pension under the BVG (Glossary)/LPP (Glossary). |
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| C | |
| Closed pension plans | |
The closed pension plans consist only of pension recipients. |
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| Collective institution | |
Collective institutions run separate company pension plans for different employers. PUBLICA is one such collective institution. |
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| Company pension plan | |
An individual pension plan comprising the employer, employees and pension recipients. The Federal Administration, the ETH Domain, Swissmedic, etc. form company pension plans that are affiliated with the collective institution (Glossary) PUBLICA. |
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| Conversion rate | |
The discount rate used to convert your retirement assets (Glossary) into your pension upon retirement. Depends on your age at the time of retirement. Also used to calculate disability benefits and, in part, survivors' benefits. |
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| Coordination amount | |
The part of the annual insured salary (Glossary) that is not insured with PUBLICA. Used to coordinate benefits between the 1st and the 2nd pillars. |
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