Glarner Pensionskasse

Glarner Pensionskasse

Glarner Pensionskasse was established in 2005 by the Canton of Glarus to deliver retirement, death, and disability benefits to cantonal employees and other public institutions. Michael Jakober leads day-to-day operations as Managing Director. The fund maintains a board chaired by Daniel Aebli of Glarner Kantonalbank. The investment program allocates across Swiss and foreign equities, corporate bonds, direct real estate, and gold. Real estate forms the largest visible commitment, with 71 properties containing about 1,250 apartments and 47,200 square meters of commercial space, concentrated in Canton Glarus. Additional holdings include a stake in Vertina Anlagestiftung and a 2 percent interest in a global private equity fund of funds. Geographic exposure remains almost entirely Swiss. The organization employs eight professionals and retains Glarner Kantonalbank as custodian and primary banking partner. Service providers include c-alm AG for investment advice, BDO AG as auditor, and Inrate for ESG analysis. The fund belongs to ASIP, the Swiss Pension Fund Association, and participates in the Responsible Shareholder Group engagement pool. Governance ties the fund directly to the Canton of Glarus as founder and sponsor, with board representation from cantonal officials and affiliated employers such as Glarner Kantonalbank and Kantonsspital Glarus.