Interest rate and return on investment
- * Until 2021, the board of foundation has set an identical interest rate for each of the pension funds. Since 2022, there has been a risk-based interest rate per pension fund. This is based on the proportion of extra-mandatory retirement assets as well as the individual funding ration of the individual pension fund.
- ** Corresponds to the average return of all managed investment strategies (Steady, Balanced, Return, Retirement Pool). The results of each investment strategy are shown in the table below.
|
| Year |
* interest rate per pension fund |
* interest rate on level of foundation for each PF |
Return on investment |
LPP min. interest rate |
| 2024 |
|
|
|
1.25% |
| 2023 |
0-10% |
n/a |
**5.60% |
1.00% |
| 2022 |
0-10% |
n/a |
-11.70% |
1.00% |
| 2021 |
2-15% |
2.00% |
8.95% |
1.00% |
| 2020 |
n/a |
1.00% |
2.95% |
1.00% |
| 2019 |
n/a |
2.00% |
12.04% |
1.00% |
| 2018 |
n/a |
1.00% |
-5.03% |
1.00% |
| 2017 |
n/a |
2.25% |
6.14% |
1.00% |
| 2016 |
n/a |
1.75% |
2.92% |
1.25% |
| 2015 |
n/a |
1.75% |
1.01% |
1.75% |
| 2014 |
n/a |
2.50% |
8.10% |
1.75% |
| 2013 |
n/a |
2.25% |
5.20% |
1.50% |
| 2012 |
n/a |
1.50% |
6.70% |
1.50% |
| 2011 |
n/a |
2.00% |
1.50% |
2.00% |
| 2010 |
n/a |
2.00% |
1.50% |
2.00% |
| 2009 |
n/a |
2.00% |
9.00% |
2.00% |
|
Investment returns of each Investment Pool (since 2023)
- The individual investment pools have been in place since March 1, 2023. These differ in the percentage share of equities and bonds investments. The Steady pool holds the relatively highest proportion of bonds and the Income pool holds the relatively largest share of equities. The remaining investments exist in equal proportions across all pools.
- * not yet audited
|
| Year |
Investment Pool Steady |
Investment Pool Balanced |
Investment Pool Return |
Investment Pool Retirement |
| *YTD Q3 2024 |
5.66% |
6.86% |
7.53% |
4.75% |
| *YTD Q2 2024 |
4.91% |
6.02% |
6.53% |
3.82% |
| *YTD Q1 2024 |
3.97% |
4.80% |
5.38% |
3.17% |
| 2023 |
5.39% |
5.82% |
5.54% |
5.38% |
|
Interest on accounts
| Account |
Interest rate |
| Collection debit |
0.00% |
| Collection credit |
0.00% |
| Employer’s Contribution Reserve (AGBR), during the year pro-rata |
0.75% |
| Employer’s Contribution Reserve (AGBR), yearly |
0.75% |
| Retirement savings, during the year pro-rata |
1.25% |
| Retirement savings LPP BVG |
1.25% |
|
