The Federation of Migros Cooperatives downsizes the administration

Post on: 11.11.2023

The Assembly of Delegates of the Federation of Migros Cooperatives (FMC) has clearly decided to reduce the number of members of the Administration from 23 to 13.

The approximately 100 delegates present also approved the basis for the establishment of the new company. Migros Supermarkets SA (MSM SA).

The Administration of the Federation of Migros Cooperatives (FMC) will reduce the number of its members from 23 to 13 as of 1° July 2024. This was decided in Zurich today, Saturday, November 11, 2023, by the FMC Delegates' Meeting. « The Assembly of Delegates approves and supports the efforts of the Managing for Greater Agility and effectiveness, so that it can be adapted more and more effectively. to market developments, says Marianne Meyer, president of the Assembly of Delegates.

In addition to the President of the Administration and two staff representatives, the organ in the future will have to composed of five other external members and five members of regional cooperatives. The Chairman of the FMC Executive Board will attend. to the sessions with consultative vote.

In this way, each Regional Cooperative will have at its disposal. representative or in the Board of Directors of the Federation of Migros Cooperatives (FMC) or the Board of Directors management of the future Migros Supermarkets Ltd.

Ursula Nold, President of the FCM Administration, emphasizes: The reduction of the members of the The management of the FMC reflects the clear vision that an agile body can contribute more effectively to the future development of the Migros Group.

Delegates stand in favour of variety Switzerland

In addition to the experience and competence, the composition of the FCM Administration Must Take Diversity into Account Regional. The delegates therefore established in the statutes that at least one of the external members must come from French or Italian Switzerland.

Così by doing, it is è taking into account a request made during the Extraordinary Assembly of Delegates in September. Due to the expiry of their mandate, the following four members will leave the FMC Management at the end of June 2024: Hans A. Wü thrich, Dominique Biedermann, Paola Ghillani and Jean-René Germanier. In addition, Marianne Janik has decided to leave the Administration at the end of its mandate to make way for a new external member from Italian-speaking Switzerland or French.

Delegates support the establishment of Migros Supermarkets Ltd

In another place at the On the agenda, the approximately 100 delegates present approved the basis for the establishment of the new company. Migros Supermarkets Ltd. This is what we do request; the amendment of the contracts between the FMC, the Cooperatives and the future MSM SA. From midà November the relevant committees of the regional cooperatives will also decide on this.

With the new company, Migros intends to offer its products and services in a more efficient way. effective along the entire value chain. « The delegates believe that Migros Supermarkets Ltd represents the right and important step to strengthen Migros' core business for the benefit of customers," says Marianne Meyer.

Migros adjusts the ageà to the Swiss AHV provisions

The FMC delegates also decided – subject to further work by the various bodies to gradually raise the ageà retirement until the new age 65 years of age, in line with the AHV pension reform 21. Currently the ageà for all employees insured with the Migros Pension Fund è of 64 years.

Thanks to this adjustment, from 2028 onwards it will not apply; moreù the previous transition period with a Migros AHV replacement pension and all employees will receive an AHV pension directly upon reaching the ageà required by law. The current supplement from the Migros pension in lieu of the AHV will not be moreù valid.

The generous performance of the 2° remain unchanged and benefit all pensioners, regardless of their ageà of reference. All employees insured with the Migros Pension Fund can take advantage of the ageà flexible retirement. In fact, there is the possibility; to retire from ageà of 58 years.