From: Swiss pension funds: funding ratio, discount rate, and asset allocation
Year | f(85) | f(90) | f(95) | f(100) | f(105) | f(110) | f(115) | |
---|---|---|---|---|---|---|---|---|
2006 | f(x) | 4.10 | 4.00 | 3.91 | 3.83 | 3.78 | 3.74 | 3.70 |
C.I. | [3.89; 4.31] | [3.87; 4.14] | [3.82; 4.00] | [3.78; 3.88] | [3.74; 3.82] | [3.71; 3.78] | [3.66; 3.75] | |
h(x) | 22.84 | 17.84 | 12.84 | 7.97 | 4.00 | 2.45 | 2.50 | |
2007 | f(x) | 3.89 | 3.85 | 3.81 | 3.77 | 3.73 | 3.69 | 3.68 |
C.I. | [3.50; 4.28] | [3.62; 4.08] | [3.71; 3.90] | [3.72; 3.82] | [3.69; 3.77] | [3.64; 3.73] | [3.63; 3.72] | |
h(x) | 20.97 | 15.97 | 10.97 | 6.27 | 3.03 | 2.34 | 2.24 | |
2008 | f(x) | 3.77 | 3.75 | 3.67 | 3.59 | 3.56 | 3.58 | 3.56 |
C.I. | [3.70; 3.84] | [3.70; 3.79] | [3.63; 3.71] | [3.55; 3.64] | [3.52; 3.61] | [3.53; 3.63] | [3.51; 3.62] | |
h(x) | 7.47 | 3.41 | 2.23 | 1.73 | 3.51 | 6.52 | 10.24 | |
2009 | f(x) | 3.79 | 3.79 | 3.76 | 3.68 | 3.62 | 3.58 | 3.55 |
C.I. | [3.68; 3.90] | [3.72; 3.87] | [3.71; 3.81] | [3.63; 3.72] | [3.57; 3.66] | [3.53; 3.62] | [3.50; 3.60] | |
h(x) | 15.17 | 10.17 | 5.36 | 2.51 | 1.74 | 2.56 | 4.64 | |
2010 | f(x) | 3.87 | 3.78 | 3.71 | 3.65 | 3.60 | 3.48 | 3.50 |
C.I. | [3.75; 3.99] | [3.71; 3.85] | [3.66; 3.76] | [3.60; 3.70] | [3.56; 3.65] | [3.43; 3.53] | [3.45; 3.55] | |
h(x) | 15.74 | 10.74 | 6.02 | 2.47 | 1.76 | 2.64 | 4.65 | |
2011 | f(x) | 3.64 | 3.63 | 3.56 | 3.48 | 3.36 | 3.33 | 3.33 |
C.I. | [3.52; 3.76] | [3.56; 3.70] | [3.50; 3.61] | [3.43; 3.53] | [3.32; 3.41] | [3.28; 3.38] | [3.27; 3.39] | |
h(x) | 13.44 | 8.45 | 4.36 | 1.54 | 1.95 | 3.63 | 6.38 | |
2012 | f(x) | 3.48 | 3.50 | 3.44 | 3.38 | 3.26 | 3.21 | 3.15 |
C.I. | [3.27; 3.70] | [3.38; 3.62] | [3.36; 3.52] | [3.32; 3.44] | [3.21; 3.31] | [3.15; 3.27] | [3.09; 3.20] | |
h(x) | 16.88 | 11.88 | 7.05 | 2.94 | 1.65 | 2.37 | 4.19 | |
2013 | f(x) | 3.16 | 3.23 | 3.30 | 3.16 | 3.18 | 3.07 | 2.97 |
C.I. | [2.86; 3.46] | [3.04; 3.42] | [3.19; 3.41] | [3.06; 3.27] | [3.12; 3.23] | [3.02; 3.12] | [2.92; 3.03] | |
h(x) | 19.25 | 14.25 | 9.31 | 4.65 | 2.24 | 1.97 | 3.03 | |
2014 | f(x) | 3.06 | 3.08 | 3.13 | 3.04 | 2.99 | 2.91 | 2.83 |
C.I. | [2.82; 3.30] | [2.88; 3.29] | [2.91; 3.35] | [2.93; 3.15] | [2.92; 3.05] | [2.86; 2.97] | [2.77; 2.89] | |
h(x) | 22.04 | 17.04 | 12.04 | 7.07 | 3.65 | 2.27 | 2.37 | |
2015 | f(x) | 2.71 | 2.79 | 2.88 | 2.78 | 2.67 | 2.61 | 2.56 |
C.I. | [2.22; 3.20] | [2.51; 3.07] | [2.77; 3.00] | [2.69; 2.87] | [2.60; 2.74] | [2.55; 2.68] | [2.50; 2.62] | |
h(x) | 19.11 | 14.11 | 9.15 | 4.55 | 2.55 | 2.07 | 2.47 | |
2016 | f(x) | 2.57 | 2.55 | 2.50 | 2.59 | 2.39 | 2.30 | 2.30 |
C.I. | [2.24; 2.90] | [2.32; 2.77] | [2.35; 2.66] | [2.49; 2.70] | [2.33; 2.45] | [2.24; 2.36] | [2.24; 2.37] | |
h(x) | 19.25 | 14.25 | 9.34 | 4.63 | 2.23 | 2.16 | 2.62 | |
2017 | f(x) | 2.45 | 2.34 | 2.22 | 2.24 | 2.30 | 2.13 | 2.10 |
C.I. | [2.12; 2.78] | [2.09; 2.58] | [2.02; 2.42] | [2.09; 2.39] | [2.21; 2.39] | [2.07; 2.19] | [2.04; 2.17] | |
h(x) | 22.70 | 17.70 | 12.70 | 7.72 | 3.75 | 2.46 | 2.14 |