Global Share Participation Plan
Swiss Re offers its employees an opportunity to directly participate in the long-term success of the company by purchasing Swiss Re shares, through the GSPP. The company provides a 30% match on the number of shares held by employees at the end of the three-year period. The match is subject to forfeiture rules in case of termination of employment before the end of the plan cycle. The GSPP has the same core design in all locations.
The plan was rolled out in 2013 as part of the overall compensation framework review and replaced the previous Employee Participation Plan (EPP) which has been discontinued.