Pension Fund Abendrot awarded with VPS Prize 2016
The 2016 VPS Award for pension institutions that have contributed to the social partnership development of the 2nd pillar with sustainable initiatives or achievements went to the Abendrot Foundation from Basel. The VPS Award was presented on September 21 in Lucerne.
The Abendrot Foundation has been nominated for election for its efforts to achieve economic goals in harmony with social behavior. This is clearly demonstrated by various prominent real estate projects that the foundation has pursued in recent years. The project in Winterthur on the former Sulzer site became known throughout Switzerland. In Lucerne, it was the project of the "Teiggi-Überbauung", a former pasta factory in Kriens. In this project, a new, dense superstructure is being realized, with part of the historic factory buildings being renovated and repurposed for use as a living and working environment. The result is a lively mix of different rental apartments, condominiums (in building rights), studios, residential studios, stores and neighborhood infrastructure.
More awards
Awards were given to pension funds and foundations for the following special initiatives:
- Artes&Comoedia: Special pension solutions for cultural professionals, who often have several employers and also work freelance.
- ASGA Pension Fund: New online platform for better involvement of delegates. ASGA is a cooperative, its supreme governing body consists of 50 employer and 50 employee representatives.
- FAR Foundation: It is a pioneer in the design of flexible retirement within the framework of a collective labor agreement.
- Firmenich SA pension fund: pioneer of solutions for a gradual exit from professional life so that experienced employees can pass on their knowledge to younger colleagues.
- Pension fund of the technical associations: At the request of the insured, it has found a new innovative solution to the eternal question of "pension or capital?
- Zug Pension Fund: Comprehensive measures to reintegrate insured persons have led to a sustained reduction in the number of disability cases.
Social partnership is a basic principle of the 2nd pillar in Switzerland
The public often pays little attention to the social partnership-based management of pension funds. This is where the VPS Award aims to remedy the situation. One of the basic principles of occupational pension provision is the management of pension funds on a basis of social partnership and parity, with freedom to shape and responsibility to shape. The prize is awarded to bodies, individuals, organizations or employers who have contributed to the socially responsible development of the 2nd pillar with sustainable initiatives or achievements. The prize is intended to give them the attention and appreciation they deserve and to provide other pension institutions with input and ideas.
The election procedure
Foundations or organizations were eligible to apply for the VPS award. From the applications received, a jury selected seven nominees who received an award. On the platform of the trade journal "Schweizer Personalvorsorge", the main winner could then be chosen.
