Audit Refusals of unjustified claims from insolvent pension schemes - OPA Guarantee Fund Foundation
Audit number: 21171
The OPA Guarantee Fund Foundation (hereafter the OPA Guarantee Fund) is a national occupational pension scheme. It is a public foundation with its own legal personality, and an authority with sovereign competencies. The OPA Guarantee Fund acts as a "reinsurer" for the 2nd pillar if an employer is no longer able to pay the employer savings contributions into the occupational pension scheme, or if entire pension schemes become insolvent. All pension schemes that are subject to the Vested Benefits Act must sign up to the Fund and contribute towards its financing. In 2021, around 2,800 cases were processed. The guaranteed benefits amounted to some CHF 36 million.
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