Those insured with CS continue to have their own pension fund, as does that of the old UBS. A merger will take place in 2027 at the earliest.
Both show their numbers separately. They reveal what everyone has long suspected:
The old CS players pay the “Meger’s” bill.
In 2024, when CS was part of UBS for the first time for the entire 12 months, the number of assets in the crashed bank fell from 15,700 to 13,700.
Minus 2’000.
In the UBS-PK there were currently 1,500 “terminations” and 300 “retirements” in 2024. A total of 1,800 departures.
The “entries”, i.e. new entries into the PK, amounted to 2,700. With these, it is no longer possible to differentiate between CS and UBS.
As of June 2023, three months after the effective collapse, only one bank formally existed, UBS.
The 1,800 departures from UBS-PK related to around 21,000 actively insured people. Corresponding to around 8 percent
At CS, the 2,000 departures are much more significant. Based on the 15,700 at the end of 2023, they make up around 13 percent.
CS out, UBS in.
The statement that everyone was treated equally was a fairy tale. It can’t surprise anyone.
