Pension funds in the upswing: records secured for the future!

Pension funds in the upswing: records secured for the future!

Laimgrubengasse 10, 1060 Wien, Österreich - The Austrian pension funds are faced with impressive growth thanks to positive developments! As the fma 2024 reached a new record of 28.7 billion euros. This corresponds to an increase of 8.9% compared to the previous year and an increase of 2.1% compared to the third quarter. Almost 1.1 million people in Austria benefit from this positive development, with 14% already taking pension benefits. The past year brought a gratifying performance of 7.8%after the Ukraine War and a global interest reversal had been recorded in 2022.

A look across the borders shows that there are also considerable differences in Switzerland between the pension funds that significantly influence the standard of living in old age. As Meillur-en-suisse.ch , it is crucial for insured persons, it is crucial for insured persons, to evaluate their quality. The essential factors are the level of coverage, the technical interest and the amount of the conversion rate. A coverage of over 100% is essential to largely avoid risks. On average, this value in Switzerland was 113.5% at the end of 2023 and illustrates the health stability of the pension funds.

pension funds in international comparison

The differences in the interest rate of the old -age credit are also remarkable. While some health insurers achieve extraordinary returns, the Swisscanto study points out that the best health insurers could offer 3.7% interest in 2023, while weaker health insurers only reached 2%. In an increasingly competitive labor market, it is becoming increasingly important for employees to carefully review the pension benefits of their potential employers. Not only are salaries, but also the pension provision of decisive factors when choosing a job.