Supervisory Commission for Occupational Pension Funds

Observer

The Supervisory Commission for Occupational Pension Funds (OAK BV) was launched on 1 January 2012 as an independent federal commission, not subject to any instructions from the Federal Council, consisting of eight experts and a dedicated secretariat.

The commission’s task is to ensure uniform supervision of all cantonal BVG (occupational pension fund) regulatory authorities. In addition, the commission can issue instructions to pension actuaries and auditors and is the regulatory authority for pension actuaries. The BVG Security Fund, contingency fund and BVG Investment Foundation are directly under the commission’s supervision.