Annual report

2022
2021
CHF 000s
CHF 000s
Net asset
Pension plans
20,125
-
Net liabilities
Pension plans
-
( 11,538)
Retirees' health insurance
( 7,582)
( 9,737)
Non-Swiss post-employment benefit plans
( 3,091)
-
( 10,673)
( 21,275)
Post-employment defined benefit obligations, net
9,452
( 21,275)
2022
2021
CHF 000s
CHF 000s
Present value of obligations
( 298,247)
( 354,303)
Fair value of plan assets
307,699
333,028
Post-employment defined benefit obligations, net
9,452
( 21,275)
Financials 
329

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INTERNATIONAL FEDERATION OF RED CROSS AND RED CRESCENT SOCIETIES, GENEVA
 
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 
FOR THE YEAR ENDED 31 DECEMBER 2022
Page 44 
Public 
4.5 Post-employment defined benefit liability, net (continued) 
Change in defined benefit obligations during the year: 
2022
2021
CHF 000s
CHF 000s
Defined benefit obligations 1 January
356,892
352,619
Net current service cost
20,565
19,508
Interest cost on defined benefit obligation
1,028
171
Employee contributions
9,838
9,333
Net benefits paid
( 13,812)
( 18,974)
Loss due to experience
1,863
17,434
(Gain) due to demographic assumption changes
-
( 12,590)
(Gain)/loss due to financial assumption changes
( 78,127)
( 13,198)
Defined benefit obligations 31 December
298,247
354,303
The breakdown of the Defined Benefit Obligation between active members and retirees is as follows: