8.11 Economic situation of own pension institutions
Employer contribution reserves
Net amount | Effect of employer contribution reserves on personnel expenses | |||||||||||
Amounts in 1,000 Swiss francs | Nominal value | Waiver of use | 31.12.2025 | 31.12.2024 | 2025 | 2024 | ||||||
Pension funds | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Total employer contribution reserves | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Economic benefit/obligations and pension expenses
Over- / underfunding | Economic interest of the bank | Change in economic interest versus | Contributions paid | Pension expenses in personnel expenses | ||||||||||
Amounts in 1,000 Swiss francs | 31.12.2025 | 31.12.2025 | 31.12.2024 | previous year | 2025 | 2025 | 2024 | |||||||
Pension plans without overfunding / underfunding1) | 0 | 0 | 0 | 0 | 20,616 | 20,616 | 19,883 | |||||||
Total | 0 | 0 | 0 | 0 | 20,616 | 20,616 | 19,883 | |||||||
1)In the financial statements of the Pension Fund of Luzerner Kantonalbank prepared in accordance with Swiss GAAP FER 26, the coverage ratio as of 31 December 2025 amounts to 128.1 % (previous year 127.4 %). Accordingly, the fluctuation reserves – unlike in the previous year – have reached the target value of 25.6 %. Careful assessment has shown that, despite the free capital, there are no economic effects for the bank.