Conversion rate
What is the conversion rate?
The conversion rate determines how the retirement assets are converted into a lifelong pension at the reference age.
At FUTURA, the conversion rate is defined for the coming years. In the event of early or deferred retirement, the conversion rate is reduced or increased by -/+ 0.2% p.a. in each case. The conversion rates are interpolated to the nearest month on the basis of the effective age at retirement.
Further information on the conversion rate can be found here: