BVG: Minimum interest rate for 2021 will be 1% – updated 6.11.2020

Dear customers,

The Federal Council has decided to maintain the minimum interest rate for compulsory occupational pension plans (BVG) at 1%, despite the recommendation of the Federal Commission for Occupational Pension Plans.

The Swiss Federal Commission for Occupational Pensions (BVG commission) recommended lowering the minimum interest rate for 2021 from 1% to 0.75%.

As a reminder, this rate determines the minimum interest that must be earned on retirement savings under the compulsory BVG scheme.

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