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The world is taking extraordinary steps to fight and delay the spread of COVID-19. At Schellenberg Wittmer, we have taken the necessary steps to protect the health of our employees, our clients and the wider communities we work and live in. Most of our lawyers and staff now work remotely, but we remain fully available and reachable by phone (the normal phone numbers), email, fax and regular mail.

 
 
Newsletter

Partial liquidation of pension funds

24.03.2020

When an employer considerably reduces its workforce, restructures its business or terminates its affiliation contract with its pension fund this will normally trigger a partial liquidation of the pension fund. The beneficiaries of the pension fund shall participate proportionally in the free funds or an underfunding, as the case may be. This Newsletter presents some important decisions from the Swiss Federal Supreme Court relating to partial liquidation of pension funds.

 

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