Copré

in a few figures

CREATED IN 1974, THE COLLECTIVE DE PRÉVOYANCE COPRÉ HAS SUCCEEDED IN MAKING TIME A PRECIOUS ALLY OVER THE YEARS. OVER 1,000 COMPANIES, FROM THE SMALLEST TO THE LARGE MULTINATIONALS PLACE THEIR TRUST IN US, TOTALLING OVER 16,000 ACTIVE INSURED PERSONS.

Coverage

rate

Copré in a few figures 1

This is the indicator of the financial equilibrium of a pension institution. The coverage rate expresses the ratio between the institution’s assets and its commitments to its affiliates.

At COPRÉ we remain vigilant in order to guarantee a high coverage rate combined with prudent parameters.

Interest

rate distributed

Copré in a few figures 2

The interest rate is the additional contribution credited annually by a provident foundation on the retirement savings of the insured.

Those insured at COPRÉ regularly receive interest that is higher than the legal minimum and applied on the whole of the savings capital. Moreover the Foundation has received a number of awards recognising its excellent performance in terms of investment and interest distributed.

Conversion

rate

At retirement the amount of the pension depends on the conversion rate in force, multiplied by the retirement savings accumulated.

Copré proposes over time (2028) a progressive adaptation of the conversion rate to
5.6 % applied on the whole of the accumulated capital of those it insures.

COPRÉ’S COMMITMENT

Offer better retirement pensions by maintaining a single conversion rate, without splitting. And as our provisions are already fully constituted, we aim to propose a high conversion rate synonymous with good retirement pensions, without jeopardising the future returns of our active insured.

The AVS21 reform, with a reference age of 65 for both men and women, will come into effect on January 1, 2024. However, the Foundation Council has decided to maintain the statutory retirement age for women at 64 years until December 31, 2028. The Foundation’s conversion rates will be maintained until the end of this transitional period at 5.60% for women at 64 years and 5.60% for men at 65 years.

Starting from January 1, 2029, the applied reference age will be 65 years for all insured individuals (both men and women).

6.2%

since 01.01.2023

6.0%

since 01.01.2024

5.8%

since 01.01.2025

5.6%

since 01.01.2026

​5.6%

since 01.01.2027

5.6%

since 01.01.2028

Size of

the Foundation

Copré in a few figures 3