Migros Pension Fund paying 7.5% interest in 2025

The Board of Trustees of the Migros Pension Fund (MPK) has decided to pay 7.5% interest on insured members' savings in 2025. The MPK's performance is already regarded within the retail sector as extremely strong. It will now offer benefits well above the average: for every CHF 100,000 in retirement assets, insured Migros employees will receive interest of CHF 7,500 in 2025. Current retirement, disability and survivors' pensions will also rise by 4.5% from 1 January 2025. To ensure insured employees and pension recipients are treated equally, all old-age, disability and spouse/partner pensioners will receive a one-off payment of CHF 2,000 in December 2024. The MPK manages the pensions of about 80,500 people, of which 50,800 are employees and 29,700 pensioners (as at 2023).

"We're proud to offer our policyholders a secure and attractive pension scheme thanks to the solid financial basis of the Migros Pension Fund and our slightly adjusted new investment strategy," says MPK Managing Director Christoph Ryter. "We're confident the measures we have taken will ensure the long-term success and security of our members' pension provisions."

Adjusted investment strategy from 2025

The MPK will amend its investment strategy slightly from 1 January 2025. This will see a shift in investment from nominal to real assets. Investment in shares and infrastructure investments will be increased by 2% each and investment in gold by 1%. At the same time, investment in nominal assets will be reduced by 5%. This decision is based on a thorough analysis conducted in collaboration with an external firm of consultants. The aim is to adapt the strategy to the fund's risk capacity to meet or even exceed the performance targets set.

Strategic focus of Migros

In February 2024, Migros announced a strategic realignment involving the disposal of various specialist retailers as well as the companies Hotelplan and Mibelle. For the Migros Pension Fund, this will mean partial liquidations over the coming years. This will be organised in a way that ensures neither departing nor remaining insured employees or pension recipients suffer any disadvantages as a result.