Recruitment of new beneficiaries
In the course of 2021, the Foundation Council once again focused on stepping up the dialogue with the new generation of interpreters and encouraging them to join CPIC. This it did by continuing to distribute the Fund’s presentation brochure* electronically both to interpreting schools and to young interpreters for whom virtual meetings had been organised.
Importance of regular savings
The Foundation Board also wishes to emphasise the importance of regular savings, based on contributions from international institutions and organisations as well as personal payments, and invested over the long term in occupational pension provision. The example shows that regular savings are rewarded in the long term at the time of retirement, a message that should encourage young interpreters to join CPIC from their first contract. See the following link on the CPIC website for an example of long-term investment of occupational pension assets:
Il is now possible to view a projection of your personal savings using the savings calculator provided under this link.
CPIC sustainable development CHARTER
The Foundation Council has drawn up a CPIC Sustainable Development Charter. This will be reflected in the asset management mandates as of 2022 and will further boost the ESG factors (Environment, Social, Governance) in investment management over the long term while still respecting the priorities of returns and security.
In addition, CPIC has been actively involved in shareholder engagement at companies for many years through the ESG campaigns run by Ethos Foundation.
The Foundation Board reminds beneficiaries that, during years when beneficiaries do not receive any employer contributions, CPIC membership is maintained and the capital continues to grow. Beneficiaries may make personal contributions of up to CHF 40’000.- or EUR 40’000.- per year at any time in order to increase their retirement savings.
The Assembly re-elected Daniel ANDRÉ as Vice-President and Stefka IVANOVA as a member of the Foundation Council.