Brief: Basler Kantonalbank says adjusts pension fund

Basler Kantonalbank

04/09/2017 06:19

Sept 4 (Reuters) - BASLER KANTONALBANK  BSKP.S : 
    * BASLER KANTONALBANK -  BOARD OF TRUSTEES OF PENSION FUND 
DECIDED TO STRENGTHEN PENSION FUND FOR FUTURE AND TO ADAPT 
PRECAUTIONARY CONCEPT ACCORDINGLY 
    * BASLER KANTONALBANK PARTICIPATE WITH CHF 14.7 MILLION AND 
BANK CLER  BC.S  WITH 9.8 MILLION CHF IN ONE-OFF ALLOCATION TO 
PENSION FUND 
    * ADJUSTMENTS IN THE CURRENT PENSION PLAN: TECHNICAL 
INTEREST RATE IS CURRENTLY BEING REDUCED FROM 2.5 TO 1.5 PERCENT 
    * ADJUSTED PRECAUTIONARY PLAN WILL ENTER INTO FORCE ON 1 
JANUARY 2018 
 
Source text for Eikon:  ID:nTEN28r9ma  
Further company coverage:  BSKP.S  
 
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