Caisse de prévoyance de l’Etat de Genève

What Caisse de prévoyance de l’Etat de Genève does

CPEG (Caisse de prévoyance de l'État de Genève) is a Swiss public pension fund established under public law for the Canton of Geneva, formally created in 2014 through the merger of two predecessor funds — CIA (Caisse d'assurance du personnel de l'État de Genève) and CEH (Caisse des études primaires de l'État de Genève). It provides mandatory occupational pension coverage — retirement, invalidity, and death benefits — for State of Geneva employees and personnel of affiliated public employers, insuring 82,250+ affiliates including nearly 28,000 pensioners. The fund operates on a partial capitalization basis, governed by an Assembly of Delegates and a Committee with employer and member representation across four constituencies (Teaching, Administration, public medical institutions, and pensioners). At present, 130 employees are consolidated at the Pont-Rouge headquarters in Grand-Lancy.

CPEG manages CHF 21+ billion in assets, placing it among the ten largest pension funds in Switzerland. The fund is also the largest landowner in the Canton of Geneva, with a portfolio of over 10,000 housing units representing nearly 30% of total assets. Members access services through a secure online portal ("Espace personnel") authenticated via Microsoft Entra ID (Azure AD B2C), complemented by mortgage loan products, a property search tool, and free educational webinars. The organization has codified sustainability commitments — including a carbon neutrality target for investments by 2050, PRI signatory status since March 2022, IIGCC membership, and multiple ESG awards (IPE Country Award Switzerland 2024, Best ESG Program DACH 2019, Watt d'or 2018).

The business model is statutory rather than commercial: contributions are determined by salary and cantonal law rather than market pricing, and the institution does not sell services externally. Distribution occurs through direct institutional affiliation with public employers, with members served via self-service digital portals and in-person appointments. Strategic moves since formation have centered on real estate consolidation (Esplanade 3 / Pont-Rouge project; Tour A in Ilot A PLQ Etoile 1), international infrastructure co-investment consortia (CDPQ 2024; AIP Infrastructure II 2020), and selective public-purpose developments (Center for Ambulatory Surgery Geneva with HUG and Hirslanden).

Name

Caisse de prévoyance de l’Etat de Genève

Legal name

Caisse de prévoyance de l'État de Genève (CPEG)

Website

https://cpeg.ch

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

101–250 employees

Short description

CPEG is a Swiss public pension fund managing CHF 21+ billion in assets for 82,250+ State of Geneva employees and affiliated employers, providing retirement, invalidity, and death benefits alongside mortgage loans and real estate services.

Ownership category

akta.pro rank

Product category

Public Pension Fund Management

NAICS

Pension Funds (525110), Continuing Care Retirement Communities (623311)

SIC

Life Insurance (6311)

akta.pro primary industry

Liability-Driven Investment (LDI) & Pension Risk Transfer (PRT) Asset Management (FSAAAGAI)

Keywords

• Public pension fund
• Retirement insurance
• Invalidity death benefits
• Real estate portfolio
• Mortgage loans

Headquarters

HQ city

Geneva

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Pension contributions: CPEG collects contributions from employees and employers (public entities) to fund retirement, disability, and death benefits. As a public pension fund, it operates on a partial capitalization basis with contributions from active members funding benefits for retirees.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

CPEG provides a statutory public pension scheme covering retirement, invalidity, and death benefits for employees of the State of Geneva and affiliated public employers. Its core offering is the CPEG Prévoyance pension plan, delivered through direct institutional affiliations and a secure online member portal (Espace personnel) for accessing insurance certificates, withdrawal and buyback simulations, retirement projections, and EPL (homeownership encouragement) services. CPEG also offers complementary services including mortgage loans to insured members and manages a real-estate portfolio of more than 10,000 housing units.

Product overview

CPEG is a Swiss public pension fund (caisse de prévoyance) for the State of Geneva, offering a unified pension management service covering retirement, invalidity, and death benefits. Its core offering is the CPEG Prévoyance pension scheme, supported by an online Espace personnel portal providing simulations and certificate access. The institution also offers complementary services including mortgage loans, real estate search capabilities, and educational webinars. With over CHF 21 billion in assets and approximately 82,250 affiliated members including around 28,000 pensioners, CPEG is one of the ten largest pension funds in Switzerland.

Differentiator

Problem solved

Functional benefit

Products and services

• CPEG Prévoyance (Pension and Social Security Scheme) Core statutory public pension and social security coverage providing retirement, invalidity, and death benefits for employees of the State of Geneva and affiliated public employers, with membership defined under Swiss public law.
• Espace personnel (Personal Space Portal) Secure online portal enabling insured CPEG members to access monthly insurance certificate updates, EPL withdrawal and reimbursement simulations, buyback simulations, retirement simulations, and the CPEG calendar (pension and capital payment dates). Authentication is via Microsoft Entra ID (Azure AD B2C).
• Prêts hypothécaires (Mortgage Loans for Insured Members) Mortgage lending product offered by CPEG to its insured members for residential property acquisition, with a dedicated online mortgage calculator and multiple loan offerings.
• Services immobiliers (Real Estate Search and Project Services) Property search and housing application services enabling CPEG-affiliated members to find residential properties within CPEG's portfolio of more than 10,000 housing units.
• Webinaires et ateliers (Webinars and Workshops) Free educational program of webinars and workshops run throughout the year to help insured members better understand their pension coverage, homeownership options, and the use of their online personal space.

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Hôpitaux universitaires de Genève (HUG)coreStrategic or Co-development Partner · 22 September 2022Public-private partnership for the Center for Ambulatory Surgery Geneva (CCAG), the largest ambulatory surgery center in Switzerland. CPEG developed and owns the building; HUG provides surgical services.
• Groupe HirslandencoreStrategic or Co-development Partner · 22 September 2022Private healthcare partner in the Center for Ambulatory Surgery Geneva (CCAG) partnership with HUG and CPEG.
• Caisse Inter-Entreprises de Prévoyance Professionnelle (CIEPP)minorStrategic or Co-development PartnerPartnership for the public parking and velo-stations development at Quai Vernets PAV neighborhood to promote soft mobility and sustainability.
• H2 Green SteelminorStrategic or Co-development PartnerCPEG supports H2 Green Steel project aiming to create the first large-scale steel factory operating without fossil fuels.
• CPEV (Caisse de pension de l'État de Vaud)minorStrategic or Co-development PartnerCo-investor in Ilot A PLQ Etoile 1 project in PAV with CPEG (Tour A) and Retraites Populaires (Barre C). Consortium of Romand pension funds.
• Retraites PopulairesminorStrategic or Co-development PartnerCo-investor in Ilot A PLQ Etoile 1 project alongside CPEG (Tour A) and CPEV (Barre B).
• Groupe RPSA (Résidences Prendre Soin et Accompagner)minorStrategic or Co-development PartnerCPEG owns buildings housing EMS (nursing homes) and IEPA (senior housing with support) through RPSA. Partnership for first solidarity day and senior residence operations.

Scale indicators7 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Publica: Federal pension fund for employees of the Swiss Confederation and affiliated organizations, operating under public law with a partial-capitalization model and large real-estate holdings. Most directly comparable in governance and member structure to CPEG at the federal level.
• Compenswiss (Fonds de compensation AVS/AI/APG): Swiss social security compensation fund managing mandatory pension-related reserves under public law with significant AUM and real-estate exposure. Comparable in scale, governance, and Swiss public-law pension framework.
• BVK Personalvorsorge des Kantons Zürich: Cantonal pension fund for Canton of Zurich employees — among the largest Swiss public pension funds with similar captive-employer structure, partial capitalization, and substantial real-estate portfolio. Provides a meaningful scale benchmark to CPEG.
• Retraites Populaires: Vaudois public pension and real estate institution serving affiliated employers with a comparable partial-capitalization framework and significant Geneva-region co-investments alongside CPEG and CPEV.
• Pensionskasse Stadt Zürich: Municipal pension fund for City of Zurich employees; one of Switzerland's ten largest pension funds with a multi-billion AUM, captive public-employer membership, and similar real-estate allocation strategy. Closest German-speaking analogue to CPEG's structure.
• Caisse de pension de l'État de Fribourg (CPPEF / FPE): Cantonal pension fund for State of Fribourg employees, operating under similar Swiss public law with a captive employer base — a smaller but structurally near-identical peer to CPEG.
• Caisse de pension de l'État de Vaud (CPEV): Cantonal pension fund for State of Vaud employees with a similar public-law, partial-capitalization model, real-estate-heavy portfolio, and co-investment activity with CPEG (e.g., Ilot A PLQ Etoile 1 consortium). Most structurally comparable peer in the Romandie region.

Others

• PKA (Pensionskassen for Sundhedsfaglige): Danish pension fund that created AIP Infrastructure II, in which CPEG co-invested alongside other Romandie institutionals. Comparable in operating model (large pension fund with infrastructure/energy-transition allocation) but based in a different jurisdiction.

Broad incumbents

• Caisse de dépôt et placement du Québec (CDPQ): One of the largest institutional asset managers globally and CPEG's strategic infrastructure co-investment partner. While much larger and broader in mandate, CDPQ shares the long-duration liability-driven investment orientation that defines CPEG's pension mandate.
• Caisse des Dépôts et Consignations: French public investment institution managing long-term retirement and public-interest funds with a substantial real-estate arm. Operates a similar public-law, multi-purpose institutional model that combines pension, real estate, and infrastructure investing.

Market position

Strengths5 records

Weaknesses3 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInch.linkedin.com/company/cpeg-officiel

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Caisse de prévoyance de l’Etat de Genève