At its meeting on 13 December 2016, the Board of Trustees decided to apply the Federal Council’s minimum interest rate of 1.25 % to retirement assets for 2016. For 2017, the Federal Council has further reduced the minimum interest rate for occupational pensions (BVG) to 1.00 %. The Board of Trustees will meet in December to decide on the final return on retirement assets for the current year. Retirement assets held by members who leave the scheme during 2017 will attract the minimum interest rate up to their time of leaving.