The Central Compensation Office (CCO)

The Central Compensation Office, based in Geneva, is the Confederation's central executive body for the first pillar (AHV, IV) and compensation for loss of earnings. It provides a variety of central services within the social security system, and is responsible in particular for accounting, the central register and the movement of funds. For insured persons resident abroad, it processes AHV/IV pension applications, calculates the amount of pensions and also pays them out. It is also in charge of voluntary AHV/IV insurance for persons abroad. The Federal Compensation Office provides services in the area of the first pillar, compensation for loss of earnings and family allowances for the staff of the central Federal Administration and enterprises affiliated with the Confederation. In organisational terms, the CCO is part of the Federal Finance Administration and employs almost 870 people.

New Director of Central Compensation Office appointed