
CPIC in a nutshell
The purpose of the Fund is to help protect active beneficiaries, who are referred to below as “the beneficiaries”, and their heirs against the economic consequences of old age and death.
Advantage: When a beneficiary no longer works for a certain period of time or changes profession, he or she is not obliged to pay in contributions. The capital in his or her name still continues to accrue.
Thus, beneficiaries can withdraw their capital at any time between the age of 60 and 70.
The Fund is also subject to the supervision of the State of Geneva. CPIC’s holdings are in Euros, the currency of the large majority of beneficiares’ country of residence..
The Fund’s assets are managed in three separate portfolios or segments:
The share is the unit which measures CPIC’s capitalisation.
CPIC offers its beneficiaries a group insurance scheme with death and disablement benefit, or disablement benefit only and an annuity scheme.