The Pensionskasse of the Swiss postal service (PK Post) as well as the one of the city of Basel (PKBS) returned 9.43% and 10.4% respectively last year – less than the average pensionskassen because of their lower risk strategies. While their performance this year was below the 10.6% average of Swiss Pensionskassen, the funds were among those not hit as hard by the crisis in 2008, when they returned -13.6% and -10.9% respectively.