34Pension schemes

Economic benefit/economic liability and pension benefit expenses

CHF thousand

Over-/ underfunding

Organisation's share of economic liability

Change on prior year

Contributions concerning the business period

Pension benefit expenses within personnel expenses

 

31.12.2023

31.12.2023

31.12.2022

2023

2023

2023

2022

 

 

 

 

 

 

 

 

Pension plans without over-/ underfunding

-

-

-

-

4,045

4,045

3,734

Pension institutions with unfunded obligations

-

–4,759

–4,647

–112

361

938

1,185

Total

-

–4,759

–4,647

–112

4,406

4,983

4,919

The item “Pension institutions with unfunded obligations” relates to the obligation to pay severance pay in Italy (see Note 27). The change in the stated provision related to pension benefit expenses in the income statement comes to CHF 577 thousand at the average exchange rate.

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