Calculation

Calculation of risk-bearing funding ratio

Home > Insights > RBFR - Risk-bearing funding ratio > Calculation

At a glance

Calculation of the risk-bearing funding ratio of your pension fund

Calculation of risk-bearing funding ratio

Details according to the annual report as of
Pension capital of active insured persons	m CHF
Pension capital of pensioners	m CHF
Provision for increase in life expectancy of pensioners	m CHF
Pension assets	m CHF
Mortality table
Technical interest rate

Economic pension capital of pensioners
Risk-bearing funding ratio

Calculation factors

The market value of the pension capital for pensioners is determined by using a calculation factor. This is based on the cash flows of a representative pensioner portfolio and the biometric risks according to technical principles. For calculations from 31 December 2021 onwards, the technical principles of BVG 2020 (generation tables with Menthonnex model) are used (previously: BVG 2015, generation tables with Nolfi approach). The risk-based valuation of cash flows is based on the current (maturity-congruent) spot interest rates of Swiss federal bonds (source: SNB).

Contact

Dr. Marco Jost
Partner
Contact

Dr. Oliver Dichter
Partner
Contact

E-Mail Updates PPCmetrics

If you are interested in receiving information about current topics, our research or specialised articles, subscribe to our free E-mail Updates using the form below.

Connect

Twitter

YouTube

PPCmetrics AG is a leading consulting firm whose services include investment controlling and investment consulting, selection of financial service providers (asset manager selection) including public procurements for such selection, asset liability management (ALM), definition of investment strategies, asset allocation, portfolio analyses, drafting of investment regulations, consulting on sustainable investments, legal consulting (BVG/LPP, financial market legislation, pension fund governance) and actuarial consulting as well as activities as pension actuary. Our clients in Switzerland and abroad include institutional investors such as insurance companies, as well as renowned professional investors such as pension funds, employee benefits foundations, public social insurances and pension funds and other public-law entities, large companies, foundations, associations (in particular non-profit organisations) or ultra-high-net-worth individuals (UHNWI) and their consultants (e.g. family offices).

PPCmetrics AG advises its clients upon their own initiative and carries out its analyses according to the processes it has developed. It does not make any investment decisions on behalf or for the clients and expressly does not make any investment recommendation. As well-informed investors it is in the clients’ responsibility and at their discretion how they decide and act based on the advice offered by PPCmetrics AG. PPCmetrics AG assumes that the clients possess the necessary knowledge and sufficient experience in the financial field to make their investment decisions and assess the associated risks. PPCmetrics AG does not perform an assessment of appropriateness or of suitability pursuant to the FinSA. Based on the clients’ specifications, PPCmetrics AG assumes that the investments are compatible with their investment objectives, in particular their risk capacity as well as the asset allocation and the time horizon of the investments. PPCmetrics AG is not involved in the development, management or recommendation of financial instruments. It does not participate in the distribution of financial instruments, does not accept any compensation from third parties in connection with the provision of its services and is compensated exclusively by its clients according to a fee agreement. The partners of PPCmetrics AG are registered as investment advisors in the advisor register of BX Swiss AG (www.regservices.ch). PPCmetrics AG is affiliated to the financial ombudsman FINOS, Talstrasse 20, 8001 Zurich (www.finos.ch). Furthermore, PPCmetrics AG is accredited by the OPSC as a pension actuary. Please consult www.ppcmetrics.ch/de/uber-uns/regulierung/ for further information and notes.

We use cookies on this website in order to improve its usability. By using this site, you agree to this. For additional information please see our Privacy Policy.