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. 15 Asset management and allocation of investment income
1 The assets shall be invested in accordance with the risk management policy adopted by the Fund Commission and the related investment strategies. 2 The Fund Commission shall determine a separate investment strategy for: a. the assets of the employee pension funds pursuant to Article 7 paragraph 1; b. the assets of the employee pension funds pursuant to Article 7 paragraph 3; c. PUBLICA’s remaining assets, in particular the provisions pursuant to Article 8 paragraph 2 and the working capital. 3 The profit or loss on the investment of the assets shall be distributed annually among the individual employee pension funds and to PUBLICA in proportion to their share of the assets and the relevant investment strategy. 4 The joint body of each employee pension fund decides on the allocation of the income remaining at the fund’s disposal after adding to its statutory provisions and reserves. In the case of employee pension funds pursuant to Article 7 paragraph 3, the Fund Commission decides ins
Art. 15 — Amended by No I 2 of the FA of 17 June 2011, in force since 1 Jan. 2012 (AS 2011 5583; BBl 2010 7059).
Art. 16 Balance sheet
1 PUBLICA manages its employee pension funds according to the principle of balanced accounts within a closed group. 2 An individual employee pension fund may depart from the principle of balanced accounts within a closed group if payment of the benefits is guaranteed by the Confederation, a canton or a commune.
Art. 17 Annual accounts
1 PUBLICA establishes separate accounting records for each of its affiliated employee pension funds. 2 Where one employee pension fund represents several employers, PUBLICA may establish separate accounting records for any employers requesting this. The employers bear the additional costs incurred in this respect. 3 The provisions under Art. 8 paragraph 2 are posted on PUBLICA’s balance sheet.