Editorial
The 2024 financial year at a glance
2024: a year of transformation and consolidation. On the eve of the 2nd pillar’s 40th anniversary, 2024 marked a major milestone for Fondation Collective Groupe Mutuel, with the transformation of the foundation into an open platform, bringing together several independent entities, and the introduction of innovative pension solutions.
In this context, Groupe Mutuel Prévoyance-GMP has adopted a new organisational structure as a member of Fondation Collective Groupe Mutuel. With 2,919 affiliated companies and 29,840 insureds who paid contributions during the past financial year, GMP is the largest entity. The growth in turnover (+6.2%) and the increase in the balance sheet total (more than CHF 3 billion) bear witness to the fact that it is a recognised pension solution.
The past year can also be described as “remarkable” in financial terms. Investment activities generated a return of 7.8%, which allowed a significant proportion of the profits to be distributed to insured members and at the same time strengthened financial security. GMP’s coverage ratio was 114.1%.
High-performance IT now available to insured employees
At the beginning of 2024, a new IT application for pension management was made available to internal managers, customers and brokers. From July 2024, insured members were also able to connect to the portal and access all the information relating to their pension and retirement account in real time.
