Pension Lens
Corporate fund · Bern · rank 10 of 105 by assets

Pensionskasse SBB

Pensionskasse SBB is a Swiss corporate pension fund based in Bern with CHF 19.4 bn in assets, ranking 10 of 105 funds in Pension Lens by size. Its funding ratio stood at 111.6 % and it returned 4.8 % in 2025 against a benchmark of 4.60 %. Private markets account for 5.6 % of assets.

Assets19.4bn CHF31 December 2025
Funding ratio111.6% 
Return 20254.8%benchmark 4.60 %
Private markets5.6%of assets

Asset allocation 2025

Fixed income
55.8 %
Equities
26.6 %
Real estate
11.9 %
Private markets
5.6 %
Other
0.1 %

Returns in %

6.5
2023
6.9
2024
4.8
2025

Private markets detail

Available with a Pension Lens account.

  • Open allocation to strategic target, in CHFavailable
  • Private equity, infrastructure and private debt vs. targetby asset class
  • Named managers, funds and mandates2 named
  • Open capital commitmentsdisclosed
  • BVV 2 quota for unlisted Swiss companiesstatus
  • Activity in 2025 and plans for 2026with page references

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