Publica Act
English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.
Art. 7 Formation of employee pension funds
1 PUBLICA forms a separate employee pension fund for each of its affiliated employers, covering their employees as well as the pensioners assigned to them. 2 PUBLICA may form a collective employee pension fund for several affiliated employers. 3 An employee pension fund may also be formed or carried on in cases where an employer is assigned pensioners only. If an affiliated employer wishes to continue an employee pension fund without employees, a new contract of affiliation must be signed.
Art. 8 Actuarial risks
1 Each employee pension fund bears its own actuarial risks. 2 For the employee pension funds taken as a whole, PUBLICA forms: a. a provision to be used to offset actuarial fluctuations occurring in the employee pension funds in the risks associated with death and invalidity in cases that cannot be covered by risk premiums; employee pension funds with no employees (Art. 7 para. 3) are excluded; b. a provision to be used for benefits in cases of particular hardship.
Art. 9 Joint body
1 Each employee pension fund has a joint body encompassing representatives of the employer and employees. Employee pension funds consisting only of pensioners are exempt from this obligation if the payment of benefits is guaranteed by the Confederation, a canton or a commune. 2 The signing, amendment and termination of a contract of affiliation requires the participation and approval of the joint body. 3 The joint body assumes the tasks and competencies assigned to it under this Act, PUBLICA’s rules of business and organisation and the contract of affiliation. 4 The employer and its employees designate their representatives within the joint body.