News
16.12.2024
At its last meeting of the year in December, the Foundation Board decided to remunerate the retirement savings for the past year at a rate of 4.00%.
Hence, this rate is 2.75 percentage points higher than the minimum BVG interest rate of 1.25%.
The rate of remuneration is determined not only on the basis of the performance achieved, which is very satisfactory to date, but also considering the coverage ratio, estimated at around 113%.
For the first time, bonus pensions are also conceded to some of the pension recipients. The calculation is done individually, taking into account the guaranteed remuneration at the time of retirement, the inflation suffered up to that point and the remuneration granted to active insured persons.
20.12.2023
At its last meeting of the year in December, the Foundation Council decided to remunerate retirement savings for the past year at a rate of 2.00%.
This rate is therefore 1 percentage point higher than the BVG minimum interest of 1.00%.
The remuneration rate is determined not only on the basis of the performance achieved, which to date is very satisfactory, but also taking into account the degree of coverage, estimated at around 110%.
18.12.2023
In the meeting of 18 December 2023, the Foundation Council approved a circular clarifying the Social Security Regulations, which you can find in the "Regulations" section of our website.
26.10.2023
In the meeting of 26 October 2023, the Foundation Council approved the new Social Security Regulation, which will come into force on 01.01.2024.
In the "Regulations" section of our website you can find the new regulation, as well as a detailed summary of the changes made.
For additional information please contact your FTP Administrator.
13.10.2023
The procedure for the election of the Foundation Board for the four-year period 2024-2027 has been completed and is composed as follows:
On behalf of employees:
- Ilaria Caldelari Panzeri
- Laurent Frésard
- Sandro Allegri
On behalf of employers:
- Marco Bernasconi
- Antoine Turner
- Stefano Malingamba
The renewal procedure of the Council will be completed in the first session of January 2024 with the entry into office of the new member and the appointment of the President and Vice President from within the Council.
25.05.2023
The Foundation Board approved the 2022 Annual Report on 25.05.2023.
The 2022 has been a particularly challenging year for all players in the pension sector. The financial situation of pension institutions has deteriorated due to the persistent turbulence on the financial markets. Despite the general difficulties, the Fondazione Ticinese per il secondo pilastro was able to contain the losses, managing once again to distinguish itself for its solidity and resilience.
The global coverage ratio of 106.11% (as of 31.12.2022), although slightly decreasing compared to 109.44% of the previous year, attests to the financial solidity of FTP.
The growth phase for the foundation also continued in 2022, with a positive evolution both in terms of active insured persons (+8%) as well as the balance sheet sum, which exceeded CHF 230 million for the first time. In particular, the integration of all the activities of the Proedil pension foundation, an important local entity which has decided to join forces with FTP, was successfully completed.
At the end of 2022, 248 employers were affiliated with FTP, for a total of 2'422 active insured persons.
You will be able to find the 2022 annual report with all the details in the "Accounts" section of our website.
09.01.2023
The past year has been particularly challenging for everyone.
The financial situation of the institutionspension provision has deteriorated due to the persistent turbulence in the financial markets. In this difficult context, the Fondazione Ticinese per il seocndo pilastro was able to significantly contain its losses, managing once again aimed at distinguishing itself for its solidity and resilience. FTP is pleased to confirm that its coverage ratio is well above 100%.
The FTP has decided to remunerate retirement savings with 1% interest for 2022.
The remuneration is applied to all assets, LPP mandatory ones, non-obligatory ones, as well as optional payments made.
FTP policyholders can thus also benefit from the non-obligatory part and the optional payments made from remuneration conditions that are stable over time, balanced and in line with as prescribed by the Federal Council for the LPP part.
For the year 2024, wages subject to BVG are:
The BVG remuneration 2024 rate is 1.25% (1% in 2023)
Fondazione Ticinese per il secondo pilastro
Via Peri 6
Lugano, 6900