LEC

Activity report 2023

2023

LEC

LEC

This insurance compensates for part of the loss of earnings suffered by people who perform military service, civilian service or serve in civil defence. Since 2005, it has also compensated for loss of income due to maternity (maternity allowance) and, since 2021, for loss of income due to paternity leave. It is compulsory and all persons subject to OASI/InvI contribute to it.

Overview 2023

Overall, social insurance capital rose by 15% or CHF 246 million, reflecting an increase in the insurance reserves.

Income rose by CHF 67 million or 3.2%. Expenses rose by 5.9% to CHF 111 million.

This resulted in a positive operating result of CHF 173 million, which complements the positive share of investment performance of CHF 73 million to give a comprehensive result of CHF 246 million.

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LEC from 1960 to 2023

The LEC's annual results and capital statements are available from 1960 to 2023 (in CHF million). Evolution of the result over the last five years.

142.3 183.8 231.1 33 2022 245.7 2023
The figures

Performance 2023

4.9%


Total result for the year

CHF 245 million


Assets on the balance sheet
(in CHF billion)

1 624 2022 1 869 2023

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