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Lower Austrian pension fund with strong performance in 2023

Lower Austrian pension fund with strong performance in 2023

St. Pölten (OTS) With a strong performance, the Niederösterreichische Vorsorgekasse (NÖVK) ranked among the top 3 domestic pension funds in 2023. With the net performance of 4.56% based on sustainable investment, with its position as a cost leader, the renewed award for very good customer orientation and the endowment of the capital guarantee, NÖVK is once again showing itself to be a strong and sustainable partner for its customers with an excellent business result in 2023 and beneficiaries.

4.56% Net performance: In this way, NÖVK was able to create substantial added value in terms of severance pay capital for its approximately 380,000 beneficiaries in the successful year of 2023 and, with this performance, also achieved a top 3 place among the Austrian pension funds. The NÖVK has also proven that success and a focus on ecologically and socially sustainable investments in investments can go hand in hand. For this there was a new gold award from the ÖGUT (Austrian Society for Environment and Technology).

The position as cost leader NÖVK has confirmed: With a particularly low “cost burden”, NÖVK beneficiaries are among those who benefit most quickly from any positive development on the market. In addition to performance, future security and resilience are very important: by 2023, the capital guarantee reserve will be 100% funded. NÖVK thus guarantees the highest level of security for the assets entrusted to it.

“As a special service from the NÖVK”, According to board member Verena Seebacher, “we combine low, performance-friendly costs and a high level of security with excellent service. This is proven by the new MVK Service Award in 2023 for ‘Very Good Customer Orientation’ and excellent ratings in the anonymous tests by the market research institute Telemark Marketing. Based on this customer orientation and its strategic focus on sustainability and security, NÖVK was able to expand the number of its customers and beneficiaries in 2023 together with its committed employees and achieve an excellent business result in 2023.

Promising For board member Karin Schlemaier, the favorable market parameters will continue. Her view of the future is correspondingly confident: “With a lot of security behind us, we are also prepared for crises. By designing our conditions, we are prepared to make efficient use of the current positive momentum!

Questions & Contact:

Niederösterreichische Vorsorgekasse AG
Marcus Paryzek
0664/926 60 66
m.paryzek@noevk.at
https://www.noevk.at

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