March 9, 2026
Giuseppe Puopolo appointed Managing Director
Giuseppe Puopolo from Balzers became the new Managing Director of the AXA Foundation for Occupational Benefits, Principality of Liechtenstein on March 1, 2026. He took over from Irene Spalinger, who is retiring.
Giuseppe Puopolo previously spent many years as Managing Director of the Liechtenstein health insurer FKB and Glarner Krankenversicherung. Known as "Pino," he has both a Federal Diploma of Higher Education and an Advanced Federal Diploma of Higher Education in social insurance as well as an Executive MBA in general management.
The choice of Giuseppe Puopolo as new Managing Director underscores the AXA Foundation for Occupational Benefits, Principality of Liechtenstein's commitment to Liechtenstein. "We are delighted to have found a proven specialist with many years of experience for this demanding position in Giuseppe Puopolo, who has an excellent network of contacts," says Dennis Waech, President of the Board of Trustees.
February 25, 2026
Key figures at a glance as of the end of 2025*
- Performance as of December 31, 2025: 5.93%
- Coverage ratio as of December 31, 2025 (according to BVV 2): 110.5%
- Number of actively insured persons: 4,377
- Number of new affiliates: 818
* Provisional and not revised
January 21, 2026
Key information for 2026 at a glance
Get an overview of the key facts and figures for your occupational benefits insurance.
January 12, 2026
Important information about the new parental leave in Liechtenstein
The Principality of Liechtenstein introduced parental leave on January 1, 2026. Under certain conditions, each parent is entitled to four months of parental leave, two months of which are paid. The parental leave may be taken in one continuous stretch or flexibly. Taking parental leave has an impact on occupational benefits insurance.
During paid parental leave, insurance covering the risks of disability and death is maintained. This means that the family is taken care of. The retirement savings process is suspended.
During unpaid parental leave and maternity leave (five months), insurance in Pillar 2 is made contribution-free unless otherwise specified.
This means that
- the risks of death and disability are no longer covered during this time. In an emergency, there is no protection from occupational benefits insurance.
- No savings contributions are levied. This means that the expected retirement benefits are reduced.
Employees have the option of taking out voluntary insurance to cover these risks. You can find out more about the option of continuing your occupational benefits coverage in our information sheet on parental leave.
December 18, 2025
Insureds will receive 4.0% interest in 2025
The interest rate decision for 2025 has been made: Insureds of the AXA Foundation for Occupational Benefits, Principality of Liechtenstein, will receive 4.0% interest on their retirement assets. This means that insureds will benefit from the Foundation’s continued strong performance. In addition to attractive interest rates, the financial stability of the Foundation is a top priority for the Board of Trustees. In 2025, there was a certain degree of volatility on the financial markets. The Board of Trustees is relying on solid reserves in anticipation of further fluctuations.