Key facts
The Central Compensation Office (CCO) is an institution which is crucial to the smooth running of all first-pillar social security funds (old age and survivor’s insurance, disability insurance and compensation for loss of earnings). It has the specific feature of not being an independent federal office, but rather a division of the Federal Finance Administration (FFA), to which it is subordinate hierarchically. Furthermore, the Federal Council authorized the CCO in March 2012 – by derogation from the Federal Information Technology Ordinance – to restore some of its IT services. This led to the creation of the new division Corporate Governance and Information Technology (CGIT), which employs 70 people.