Annual results for 2021

2021 annual financial statements

At its meeting of 9 June 2022, the Board of Trustees approved the 2021 annual financial statements as recommended by the auditors. PKL posted an investment performance of 8.9% for the 2021 financial year. The funding ratio as at 31 December 2021 improved from 112.4% to 118.2%.

Key figures for 2021:

Total assets: CHF 1,986.4 m (2020: CHF 1,754.6 m)

Value fluctuation reserve: CHF 288.0 m (2020: CHF 183.7 m)

Uncommitted funds: CHF 2.8 m (2020: CHF 0.0 m)

Number of active insured persons: 5,904 (2020: 4,410)

Number of pension recipients: 2,017 (2020: 1,969)