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Glossary

 
Defined contribution scheme

A pension plan where the benefits paid out are calculated on the basis of the savings contributions and investments made, e.g. vested benefits brought in and lump-sum buy-ins (including interest). 

 
Empa

Swiss Federal Laboratories for Materials Science and Technology 

ETHZ

Swiss Federal Institute of Technology Zurich 

 
Funded ratio

Relationship between the assets available and the reserves required for financing benefits. 

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Explanations of content (glossary terms)