
Nestlé pension benefits in Switzerland
The Fonds de Pensions Nestlé is a foundation based in Vevey (Switzerland) whose purpose is to provide retirement, disability or death benefits to employees of Nestlé companies in Switzerland or their survivors. Its membership currently consists of round 8’800 active insured members and over 5’800 pension beneficiaries.
Since 2013, the Nestlé occupational pension scheme has been organized according to the defined contribution principle. The benefits offered by the Fonds de Pensions Nestlé to its insured members exceed the minimum benefits provided by the Swiss Federal Law on Occupational Retirement, Survivors’ and Disability Pension Plans (LOB). The Fonds de Pensions Nestlé independently covers the risks of old age, death and disability.
The Fonds de Pensions Nestlé team is composed of 15 employees.
Key figures
31.12.2020 | 31.12.2021 | |
---|---|---|
Funding ratio | 118.3% | 127.4% |
Total of available assets | CHF 8’001.3 mio | CHF 8’730.2 mio |
Liabilities | CHF 6’763.2 mio | CHF 6’853.9 mio |
– Pension reserve for pensioners | CHF 4’023.7 mio | CHF 4’046.2 mio |
– Pension reserve for active members | CHF 2’460.0 mio | CHF 2’600.7 mio |
– Technical provisions | CHF 279.5 mio | CHF 207.0 mio |
Downward risk provision | CHF 1’238.1 mio | CHF 1’370.8 mio |
Investments performance | 5.3% | 10.2% |
Assets allocation | ||
– Cash | 1.5% | 1.4% |
– Equities | 29.2% | 26.9% |
– Bonds | 40.2% | 39.8% |
– Real estate | 23.0% | 23.2% |
– Alternative investments | 6.1% | 8.7% |
Interest payments on retirement savings capital | 1.0% | 4.0% |
Technical interest rate | 2.25% | 2.0% |
Mortality tables | LPP 2015 | LPP 2015 |
Total headcount | 14’626 | 14’654 |
– Active members | 8’697 | 8’715 |
– Pensioners | 5’929 | 5’939 |
Evolution funding ratio
History
In the light of increasing life expectancy and the instability in the financial markets the Fonds de Pensions Nestlé is comitted to provide attractive pension benefits for its employees. The development of the Fund is closely involved with the business itself since its very foundation.




