Fig. 5
From: Swiss pension funds: funding ratio, discount rate, and asset allocation
Distribution of Funding Ratios. Histogram of pension funds’ technical and economic funding ratios in 2007, 2016 and 2017. Economic funding ratios-based retiree pension liabilites evaluated at market interest approximated with conversion factors retrieved from PPCmetrics, (2020). The sample includes only private and public funds without state guarantees, and only includes funds with a funding ratio between 81.5 and 152.3% (0.5th–95th percentile range of the overall sample)