Multi-employer solution Genesia

Multi-employer Pension Fund Genesia

The multi-employer Pension Fund Genesia solution is particularly attractive for the small and middle-sized structures. The main advantages of this solution are its simplicity and globalized asset management, which allow you to outsource your administration on very attractive terms while ensuring complete transparency.

Structure and organisation

The affiliated companies constitute a multi-employer Pension Fund within the FCT. This Pension Fund has two common shared administration bodies:

  • The General Assembly of Representatives, within which each affiliated company is represented equally by employer and employees, pro rata to the number of members.
  • The Pension Committee, which is composed of members elected by the General Assembly of Representatives. The latter carries the responsibility for the decisions prescribed in the organizational rules (asset management, reinsurance, pension plans and, where necessary, recovery measures).

Asset management

The assets of the multi-employer Pension Fund Genesia are under a collective management for all the affiliated companies. The Pension Committee is responsible for asset management in a compliance with the strict legal regulations.

The investment profile and the financial partners (custodian bank and asset managers) in charge of its implementation are reviewed periodically (and every 3 to 5 years) based of an ALM study performed by a specialized expert.

Investment fluctuation reserve

The investment fluctuation reserve target is calculated for the entire multi-employer Pension Fund Genesia by a specialist in the field, based on a probabilistic method and a minimum security level of at least 95%.

Funded status

The coverage rate of the multi-employer Pension Fund Genesia applies to all the affiliated companies. In case of a new affiliation, the transferred assets shall correspond to a coverage ratio of 100%.

Occupational benefits scheme

The Pension Committee of the multi-employer Pension Fund Genesia defines the occupational benefits schemes to be available for the affiliated companies and determines the basic conditions (interest rates on savings accounts, conversion rates, financing)

Each affiliated company can choose:

  • the savings contributions
  • the death and disability benefits

Interest rates on savings accounts

The Pension Committee is responsible for determination of the interest rate payable on the savings accounts of all members. This decision is based on the annual interest rate set up by the Swiss Federal Council and the coverage rate effective at the account closing date.

Current conversion rate

The conversion rate is used to convert the retirement savings capital into a retirement pension. Pension Committee sets up a rate of 6.8% for the mandatory part (LPP/BVG statutory minimum) and 5.7% for the extra-mandatory part, the regular retirement age being 65 for men and 64 for women.


Congruent reinsurance coverage for death and disability benefits is provided by one of the Swiss insurance companies supervised by FINMA.