Old-age and survivors' insurance (OASI) is the main pillar of the Swiss social security system. The old-age pension is intended to enable the insured person to retire from working life at the planned age and, together with the professional pension scheme, to guarantee material security during retirement. The survivors' pension is intended to prevent the death of a parent or spouse from causing undue financial hardship.
OASI capital increased by 5.8% following the year's gain of CHF 2 857 million.
Income rose by 3.5% to CHF 1 743 million.
Expenses rose by 4.5% or CHF 2 146 million.
The insurance activities generated an operating result of CHF 1 229 million, making a positive contribution to the result. Investment activities generated a gain of CHF 1 576 million and contributed to the comprehensive result.
Interest of CHF 51 million from the InvI completes this result. This brings the total result for the OASI fund to CHF 2 857 million.
Read moreResults for the year and statements of OASI capital are available from 1948 to 2023 (in CHF million). Evolution of the result over the last five years.
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