Cost of Swiss APK bailout: 31 leave, one stays

By 2007-10-02T12:34:00

[17:00 CEST 02-10] SWITZERLAND – Around a fifth of employer clients - some 31 local authorities - are to leave the Aargauische Pensionskasse (APK), the CHF6bn (€3.6bn) pension fund for local government employees. The move is planned for December.

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