At its meeting on October 12, 2022, the Federal Council decided that the BVG minimum interest rate will remain at 1 % in 2023. The minimum interest rate determines the minimum interest rate at which the pension funds must pay interest on the retirement assets of insured persons in the obligatory range.

Here you can find the detailed media release.

The Federal Council has also decided that as of January 1 2023, the AHV and IV pensions (1st pillar) will be adjusted to current price and salary development and increased by 2.5%. This adjustment also has an impact on the occupational benefit plan (2nd pillar) in that the limit amounts change.

Here you can find the detailed media release.