Asga Vorsorgestiftung
Asga Vorsorgestiftung
Employees with higher salaries also have greater requirements in terms of pension provision. Asga Vorsorgestiftung aims to provide retirement benefits in excess of the basic mandatory benefits. Through maximum flexibility, we tailor pension benefits in line with your individual requirements.
Organisational structure
Asga Vorsorgestiftung was founded in 2009. It is subject to the BVG/LPP and foundation supervisory bodies in Eastern Switzerland and affiliated to the BVG/LPP Guarantee Fund.
Investment management
With the group solution, your savings capital is invested in a pool together with that of other companies. The pooled assets are managed by the investment specialists at Asga Pensionskasse.
Risk benefits and administration
Death and disability risks are covered by a stop-loss insurance contract with Zurich Life Insurance Company Ltd. Administration is handled by the employees of Asga Pensionskasse on behalf of Asga Vorsorgestiftung.
Interest paid by Asga Vorsorgestiftung in 2023
The interest paid on retirement assets of Asga Vorsorgestiftung as part of the group solution was
2 %. The interest for affiliations with individual solutions is decided individually by a resolution of the relevant pension committee. As before, no interest is paid in respect of members who left during the year.
Contact
Martin Schaub
Head of Dübendorf management office / CEO of Vorsorgestiftung
as of 31 Dezember 2023
| Number of affiliated companies | 192 |
| Number of insureds | 1078 |
| Retirement pensioners | 49 |
| Total actuarial capital, active insureds and pensioners | CHF 102’731’262.75 |
| of which pensioners’ capital | CHF 15’803’751.16 |
| Total actuarial reserves | CHF 3’561’467.03 |
| Balance sheet total | CHF 164’210’417.81 |
Group solution
as of 31 Dezember 2023
| Affiliated companies | 181 |
| Insureds | 905 |
| Actuarial capital, active insureds | CHF 112’188’350.42 |
| Fluctuation reserves | CHF 10’860’196.89 |
| Funded status | 108,27 % |
Individual solution
as of 31 Dezember 2023
| Affiliated companies | 11 |
| Insureds | 173 |
| Actuarial capital, active insureds | CHF 13’788’911.16 |
| Fluctuation reserves, including free assets | CHF 641’830.01 |
| Women | ||
| Year | Age | Conversion rate |
| 1960 | 64 | 5,15 % |
| 1961 | 64 + 3 Months | 4,9375 % |
| 1962 | 64 + 6 Months | 4,975 % |
| 1963 | 64 + 9 Months | 5,0125 % |
| 1964 | 65 | 5,05 % |
| Men | ||
| Year | Age | Conversion rate |
| 1960 | 65 | 5,30 % |
| 1961 | 65 | 5,05 % |
Recovery
| Funded status (estimated) as per 30 October | Interest on retirement savings capital | Recovery contribution rate |
| 0% – 85% | 0% | 8% |
| 85% – 90% | 0% | 4% |
| 90% – 95% | 0% | – |
| 95% – 100% | 0% | – |
Structure
| Funded status (estimated) as per 30 October | Interest on retirement savings capital | Recovery contribution rate |
| 100% – 105% | 0,5% | – |
| 105% – 108% | 1% | – |
| 108% – 110% | 1,5% | – |
Equilibrium
| Funded status (estimated) as per 30 October | Interest on retirement savings capital | Recovery contribution rate |
| 110% – 116% | 2% | |
| 116% – 117% | 2,5% | – |
Participation
| Funded status (estimated) as per 30 October | Interest on retirement savings capital | Recovery contribution rate |
| 117 % | 2,75 % | |
| 118 % | 3,25 % | |
| 119 % | 3,75 % | |
| 120 % | 4,25 % | |
| 121 % | 4,75 % | |
| 122 % | 5,25 % | |
| u.s.w. |
| Characteristics | Group solution |
| Funded status | Valuation at Vorsorgestiftung level |
| Funding of fluctuation reserves | At Vorsorgestiftung level (group solution) |
| Investment decisions | The Pension Board determines the investment strategy for pension funds affiliated to the group solution. |
| Provider of investments | Asga Pensionskasse |
| Decisions on use of returns | Pension Board |
| Actuarial risks such as death and disability | A stop-loss insurance contract is in force with Zurich Life Insurance Company Ltd, Zurich. |
| Plan design for the pension concept | Is the responsibility of the pension committee and can be structured in a flexible manner. |
| Handling of administrative tasks | Undertaken by employees of Asga Pensionskasse. |
per 31.05.2024
No Data Found
The Pension Board behind Asga Vorsorgestiftung
The Pension Board is responsible for managing Asga Vorsorgestiftung. The Board consists of four members, comprising an equal number of employer and employee representatives.
Sergio Bortolin
CEO
Asga Pensionskasse, St. Gallen
Chairman of the Pension Board
Employer representative
Andreas Lehmann
Head of Human Resources
acrevis Bank AG, St. Gallen
Employee representative
Heinz Züllig
Head of Human Resources and Pension Fund
STUTZ AG, Hatswil
Employee representative
