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In accordance with the decision of the Parliament:
This law shall apply to a Finnish mutual insurance company and an insurance company whose activities include the employee in the Pensions Act (185/2006) Or the employee's pension law and the entrepreneur's pension law (1272/2006) Of the statutory pension insurance business ( Occupational pension insurance company ).
What the Insurance Companies Act (18/0/2008) Is provided for in the life insurance and life insurance company, including the occupational pension insurance company, unless otherwise provided for in this Act.
However, the occupational pension insurance company does not apply Articles 2 (a), 3 to 5 and 11a of Chapter 1 of the Insurance Companies Act, Article 13 (1) and Articles 14 to 19 and 25, Chapter 2, Section 1a, Article 3 (1) to (5), Articles 4 and 5, Article 6 (2) and (3), Articles 7 and 9b, 10 (1), 3 And Articles 12, 16, 17, 18a, 18b, 19 and 20, Chapter 3, Chapter 4, Articles 2 to 6, Article 3 and Article 22 (1) (1) and (2), 6 Chapters 1 to 5, 7 to 12, 12 a, 14 to 18 and 20 a, 21 (3) and 22, Article 22, Chapter 7, Article 19, Chapter 8, Chapter 8, Chapter 8, Articles 1 to 5, 5a to 5d and Articles 7 to 12 and 13 (2), 10 to 13 and 13a, Chapter 14, Article 5, Article 2 (2), (4) and (6), Article 5 (3), Article 6 (4) Articles 8 to 10 and 13, Article 2 (3) of Chapter 17, Article 10 (1) and (2) of Chapter 19, Article 10 (1) and (2) of Chapter 20, Articles 6 and 7 of Chapter 21, Article 12 (1) and (2) and Articles 17 to 21, Article 9 (2) and (3) and Article 31 (3) of Chapter 23, Chapter 24, Article 1 of Chapter 25, Article 3 (2), Articles 4 to 7, Article 16 (1) and Articles 25 to 27, 26 and 31 (4) and Articles 2 and 10 of Chapter 31. (203.2015/309)
L to 309/2015 (3) will enter into force on 1 January 2016. The previous wording reads:
However, Articles 3 to 5, 13 (1), 14 to 19, Article 3 (1) to (5), Articles 4 and 5, Article 6 (2) and (3), Article 7, 10 (1) (3), 16, 17, 19 and 20 of Section 3 of Chapter 2 of the Insurance Companies Act shall not apply to the pension insurance company. Articles 2-6, 5 (3) and 22 (1) (1) and (2), Chapter 6, Articles 1 to 3, Article 4 (1) to (3) and (6), Article 8 (1) to (4), Articles 9 to 12, 14 to 18, Article 21 (3) and (5) and Article 22, Article 19 (2), Chapter 8, Article 19, Chapter 9, Chapter 9 Articles 1 to 5 and Articles 7 to 12 and Articles 13 (2), 10 (1), (2) and (4) to (25), Articles 1 to 22 and 25 to 27, 12 and 13, Chapter 14, Article 5, Chapter 16, Article 2, 2, 4 and 6 Article 5 (3), Article 6 (4), Articles 8 to 10 and 13, Chapter 17, § 2 (3), Article 10 (1) and (2) of Chapter 19, Article 10 (1) and (2), Article 21 (6) and (2), 12 (1) and (2) and Articles 17 to 21, Article 9 (2) and (3) of Chapter 23; Article 31 (3), Chapter 24, Article 16 (1) and Article 31 (4), Articles 2 and 10 of Chapter 31. (12/12/2014/1046)
The occupational pension insurance company is governed by the law on the entry into force of the Insurance Companies Act (1822/2008) , except for Articles 11, 17, 18 and 29.
Paragraph 1a has been repealed by L 18.7.2008/524 .
It is the task of the occupational pension insurance company to carry out a statutory pension insurance activity covered by social security contributions by managing statutory pension schemes under the laws referred to in Article 1 (1) and the resources accruing to the company for that purpose. The benefits of insurance in a secure way.
The occupational pension insurance company shall not engage in any other insurance business other than those under the laws referred to in Article 1 (1) and directly related reinsurance. The statutes of the occupational pension insurance company shall indicate which insurance company is entitled to exercise.
An occupational pension insurance company shall not be authorised without the authorisation of the Insurance Supervisory Authority to own shares in another occupational pension insurance company and not to a guarantee. The Agency may authorise it, unless ownership risks the sound development of occupational pension insurance activities.
The ownership referred to in paragraph 1 shall also be calculated on the basis of the shares and the amount of votes they generate, which may be subscribed by the pension insurance company under the option of option or exchange of notes.
Without the authorisation of the Insurance Supervisory Authority, a pension insurance company shall not acquire (1336/1997) in Chapter 1, Article 5 , unless the Community activity can be considered to be related to occupational pension insurance or is not an accommodation or a real estate entity.
The occupational pension insurance company is neither alone nor in combination with its subsidiaries, without the authorisation of the financial supervision to own more than 10 % of the shares, contributions or shares, or so much of the shares, membership shares or In the case of subsidiaries, that the number of votes they generate is more than 10 % of the voting rights in a credit or financial institution controlled by public control and not by the law on credit institutions acting in the form of control (610/2014) Chapter 1, Article 15 Referred to in Article 1. The provisions of this paragraph shall not apply to the investment fund law (1999) Of management companies, UCITS, foreign EEA management companies and non-alternative fund managers (162/2014) Ownership of shares or units or units of collective investment funds and collective investment undertakings managed or managed by the managers of alternative fund managers or foreign alternative fund managers. (08.08.2010)
The ownership of shares referred to in paragraphs 1 and 2 shall also be calculated on the basis of the shares and the amount of votes they generate, which may be subscribed by the pension insurance company under the option of option or exchange of notes.
A housing limited company which is a subsidiary of an occupational pension insurance company may take more than a credit within the meaning of Article 1 (1) of Chapter 15 of the Insurance Companies Act, provided that the amount of foreign capital provided for in its accounts does not exceed 50 % of the balance sheet total. If a housing company is required to draw up consolidated financial statements, the 50 % limit for the balance sheet total of the consolidated financial statements shall apply.
As far as the housing company is concerned, the above is also applicable to the company and the Community comparable to that of another member of the European Economic Area.
L to 1353/2014 The addition of Article 5a is provisionally in force from 1 January 2015 to 31 December 2017.
What share company law (624/2006) Articles 5 to 7 provide for the payment of money, the apport and the penalties for late payment, also apply to the occupational pension insurance company. By way of derogation from Article 6:
(1) the fund of the mutual occupational pension insurance company shall be paid in cash;
(2) a total amount of at least half of the basic capital provided for in Article 6 (1) of this Act shall be paid in cash for the shares of the company pension insurance company and the guarantee contributions of the mutual occupational pension insurance company.
L to 309/2015 Article 5b enters into force on 1 January 2016.
The occupational pension insurance company shall be authorised in Finland for the purpose of carrying out activities under the pension law of the employee or the pension law of the employee and of the entrepreneur's pension law. The State Council shall grant an authorisation where the planned pension insurance activities and the shares referred to in Article 7 of this Act are not considered to undermine the sound development of pension insurance activities if the management of the insurance company complies with this law and Insurance Companies Act and Company Law applicable under the law (1024/2006) The requirements set out in the provisions and if the total amount of the share capital of the occupational pension insurance company or the guarantee capital and bottom fund ( Basic capital ) Shall be at least eur 5 000 000. The occupational pension insurance company shall not reduce the amount of its core capital below the amount provided for in this paragraph.
The State Council may attach to the authorisation in order to safeguard the interests of policyholders and insured persons, ensure the company's firm action and the conditions necessary to promote healthy development of occupational pension insurance activities.
Article 6 (1) and (4) of Chapter 2 of the Insurance Companies Act, Article 4 (3) and Article 5 and Article 6 (1) and (2) of Chapter 2 of the Insurance Companies Act and Article 6 (1) and (2) of the Insurance Companies Act also provide for financial supervision, including the State Council in the case of a working pension insurance company. The Ministry of Social Affairs and Health at the request of the Ministry of Social Affairs and Health shall request the opinion of the Financial Supervisory Authority. (1912,2008/894)
The application for authorisation shall be accompanied by:
1) an action plan;
(2) a statement of the members of the company and the Executive Director in accordance with Article 9e (2) and Articles 9f, 11, 12 and 12a;
(3) a description of the shareholders and owners who should make the declaration referred to in Article 7 and their holdings; and
4) a statement that the basic capital of the occupational pension insurance company shall be at least equal to the amount referred to in paragraph 1 before the authorisation is granted.
The Ministerial Decree of the Ministry of Social Affairs and Health provides for the content of the action plan referred to in paragraph 4 (1).
The State Council may withdraw the authorisation of an occupational pension insurance company if the insured benefits cannot be sufficiently safeguarded by limiting the activities of the company in accordance with Article 6b and:
(1) the essential conditions for the granting of authorisation or for the opening of operations are no longer;
(2) the company has not been able to complete, within the prescribed period, the financial position set out in Article 26 (12) or (13) of the Insurance Companies Act or in the restructuring plan referred to in Article 20 of this Law or in the short term financial plan; Or where the implementation of such a plan has been neglected; or
(3) the company has been grossly negligent to comply with the Financial Control Act (878/2008) The prohibition laid down in Article 33 or Article 48.
The State Council may also withdraw the company's authorisation if:
(1) the activities of the company have been substantially affected by the provisions of the financial market, or the rules adopted or laid down by the authority under them, the conditions of the authorisation or the rules governing the operation of the company;
(2) the company has ceased its activities for more than six months or has been liquidised;
(3) the company's business has not started to operate within 12 months of the authorisation; or
(4) in the case of applications for authorisation, incorrect or incomplete information on matters of relevance to regulation and supervision has been made.
Before the decision referred to in Article 1 (1) and (3) and paragraph 2 (1), the company shall have a reasonable time limit for the correction of a deficiency, unless the withdrawal of the authorisation is immediately necessary for the interests of the insured Security.
The State Council shall withdraw the authorisation it has granted to the company when the company has been declared bankrupt, in liquidation, by a decision of the registry authority or by a court or tribunal, or by the liquidators of the liquidation.
If the withdrawal of authorisation is not based on a financial supervision proposal, it shall be subject to the opinion of the Financial Supervisory Authority.
The State Council may limit the duration of the company's authorisation for a limited period if:
(1) the conditions for withdrawal provided for in Article 6a (1) (1) to (3) are not met; or
(2) in the management of the company, there has been a lack of incompetence or indiscretion, and it is obvious that any further action would jeopardise the interests of the insured person.
If the state of affairs has not been remedied within the prescribed period, the Council may, after the expiry of that period, amend the conditions of the authorisation to limit its activity.
The decision referred to in this Article shall apply to the provisions of Article 6a (3) to (5).
The shareholders of the mutual occupational pension insurance company are policyholders and insured persons and, if so provided in the statutes, the owners of the guarantee shares.
In the articles of association of a mutual occupational pension insurance company, it is not possible to limit the participation of the policy holder unless a certain period has elapsed since the date of entry into force of the declaration, which must not exceed three years and that: Re-insurance does not produce equity.
Any person intending to acquire, directly or indirectly, acquire or dispose of shares or shares of an occupational pension insurance company shall be notified in advance to the Insurance Supervisory Board.
The notification shall provide the necessary information on the notifier and the intended precipitation, the financial position of the notifier and the previous ownership of the employment pension insurance company in question, as well as shares or guarantees. Of the Treaty establishing the European Community. The notifier shall, at the request of the Insurance Supervisory Authority, provide further explanations.
Financial supervision shall request the notification referred to in paragraph 1 of the opinion of the Competition and Consumer Agency where the procurement is in the competition law (198/2011) Of the European Economic Community. (30.11.2012/668)
The Insurance Supervisory Authority may, within three months of the notification referred to in paragraph 1 and the necessary reports, prohibit the acquisition of shares or guarantees where the ownership is deemed to undermine the activity of occupational pension insurance Healthy development. The Insurance Supervisory Agency shall have the right to lay down the conditions which it considers necessary to safeguard the healthy development of occupational pension insurance activities. Parties to procurement or disposal shall not take any action on the basis of the acquisition or disposal before a final decision on the acquisition has been taken or the acquisition may otherwise be deemed to have been approved, unless: The Insurance Supervisory Authority determines otherwise.
The Insurance Supervisory Authority may prohibit the holder of shares or guarantees from exercising the right to vote in an occupational pension insurance company for a maximum period of one year if:
(1) the acquisition of shares or guarantees is not subject to the notification referred to in Article 7 (1);
(2) the shares or the guarantees were acquired in spite of the prohibition of the Insurance Supervisory Authority; or
(3) after the acquisition of shares or guarantees, the ownership shall be considered to constitute a serious threat to the health and prudent business of the occupational pension insurance company or to the insured interests or to the healthy development of occupational pension insurance.
In the cases referred to in Article 1 (1) and (2), the owner of the shares or of the shares in the insurance company does not have any rights other than the right to a profit based on these shares or guarantees. Such recovery shall not be included in the list of shares of the insurance company or on the list of shareholders or on the list of shareholders.
The occupational pension insurance company shall inform the Insurance Supervisory Agency, at the time of the Agency, of the owners and the size of the holdings referred to in Article 7 (1) on an annual basis.
The Insurance Supervisory Agency shall have the right to obtain information necessary for the prudential supervision of a pension insurance company for each person who, directly or indirectly, owns shares or shares of the occupational pension insurance company.
At the Annual General Meeting, the shareholders of the company, acting in accordance with Chapter 5 of the Insurance Companies Act, shall exercise the power of decision.
Representatives of the insured persons at the general meeting shall be selected on an insurance basis by the law of undertakings (2003) Between the representatives of the staff groups. Where a representative of the insured person does not reach an agreement or an undertaking is not subject to the above law, an election or other selection procedure shall be held, the organisation of which shall be organised by the employees concerned. The election procedure or selection procedure shall be organised in such a way as to enable all workers whose representatives are elected to participate. Provisions on the selection procedure must be taken into account in the statutes of the occupational pension insurance company.
The Ombudsman shall be allowed to exercise his/her right through an agent at the General Meeting. This right cannot be restricted by the articles of association.
The occupational pension insurance company shall have a Management Board, a Management Board and a Managing Director.
The Board of Directors and the Executive Director of the Occupational Pension Insurance Corporation shall lead the company in a professional manner, in accordance with sound and prudent business principles and sound administration principles.
The prohibition on making decisions contrary to the principle of equality is governed by Article 22 of Chapter 1 of the Insurance Companies Act, the duty of care in Article 23 of Chapter 1 and the liability for damages in Chapter 28.
The general meeting of the board of directors of the occupational pension insurance company is selected.
The Management Board shall be composed of representatives of policyholders and insured persons selected from persons proposed by central employers and employees representing employees. These representatives shall be equal to the same number and shall have at least half of the number of members of the Management Board.
The Board of Supervisors shall be composed of the Chairperson and the Vice-Chair, who shall be elected by the Board of Supervisors from among its members and, secondly, a person proposed by the representatives of the insured person. The Chairperson and the Deputy Chairperson of the Management Board may also elect a general meeting if the statutes so provide.
The provisions of Section 6 of Chapter 6 of the Insurance Companies Act, in the absence of an eligible government, also apply to the Management Board. The Board of Directors and its members shall also be subject to the provisions of Chapter 6, Section 3, Section 6, of the Companies Act concerning the decision-making, aesthetic and meeting of the Board of Directors, as well as the provisions of Articles 11 to 13 and 22 of Chapter 6 of the Companies Act. On the term of office, the resignation and dismissal and the right to information of the Board of Directors, as well as the provisions of Chapter 24 of Chapter 24 of the Companies Act concerning arbitration.
What this law provides for by a member of the Management Board shall apply mutatis mutandis to an alternate.
The remuneration of the members of the Board of Directors and the appointment of the Management Board to the General Meeting shall be prepared by the election committee elected by the Board of Directors, whose members shall be members of the board or board of directors of the occupational pension insurance company.
The Election Committee shall be chaired by the Chairperson and the Vice-Chair, who shall be elected by the person proposed by the insured persons. Half of the members of the Election Committee shall be selected from the persons proposed by the policy holders and half of the members of the Management Board.
The Election Committee shall prepare a proposal for the remuneration of the Board of Directors and the appointment of the Board of Directors.
The composition, selection and operation of the Election Committee shall be specified in detail in the statutes.
The Board of Directors shall elect the members of the Board of Directors of the Pension Insurance Corporation, fix their fees and supervise the management of the company under the responsibility of the Board of Directors and the Executive Director.
The Board of Directors' right to call for an extraordinary meeting of shareholders and to convene a general meeting shall be complied with, as provided for in Section 4 of Chapter 5 of the Insurance Companies Act.
No other functions or the right to represent the company may be assigned to the Management Board.
At least three members shall be elected.
A member of the Board of Directors shall be of good repute and shall have good expertise in occupational pension insurance. The management must also have good investment expertise. (12/12/2014/1046)
The government shall have representatives of policyholders and insured persons selected from persons proposed by central employers and employees. The number of these representatives must be equal to half of the number of members of the Board of Directors.
The Board of Directors shall elect a Chairperson and a Deputy Chairperson from among its members, one of which shall be proposed by the representatives of the insured. The Board of Directors and the Deputy Chairperson may also be appointed by the Board of Directors, provided that the statutes so provide. If the Chairperson or the Vice-President is elected equally, he shall be elected on a daily basis. Under Article 19 of Chapter 6 of the Insurance Companies Act, the chairperson may not act as a responsible insurance mathematician. (13/03/98)
The provisions of this law and of the provisions of the Insurance Companies Act and of the Companies Act, which are applicable under this law, are governed by the law of a member of the Board of Directors.
Furthermore, Articles 4 (5) and 21 (1) of Chapter 6 of the Insurance Companies Act and Article 21 (1) of the Insurance Companies Act also apply to the Board of Directors and to the other representative of the company, as provided for in Article 21 (1) of the Insurance Companies Act, and Article 6 of Chapter 6, in the absence of a competent government. In addition, Article 6 (2), (3), (5), (5), (16) and Articles 25 to 28 of Chapter 6 of the Sharing Companies Act applies to the Board of Directors.
The occupational pension insurance company shall inform the Financial Supervisory Authority of any changes to the Board of Directors without delay. The notification shall indicate that the members of the Board of Directors meet the requirements of Article 9e.
L to 309/2015 Article 9g enters into force on 1 January 2016.
When the Board decides or makes a proposal to increase or reduce the company's share capital or guarantee capital, the merger, the transfer or receipt of the insurance stock, the guarantee capital, the distribution of profits or the occupational pension insurance company The investment plan for a government decision shall be the opinion which has been supported by at least two thirds of the members present.
A member of the Board of Directors shall be given an opportunity to be present and to exercise the right to speak at the general meeting.
The Board of Directors shall select the preparatory committees at least for the purposes of appointment, remuneration and inspection.
A member of the Board of Directors of the Occupational Pension Insurance Corporation shall not participate in the proceedings of the contract between him and the company. In addition, a member of the Board of Directors may not participate in the deliberations on the contract relating to the occupational pension insurance company and the third contract if he is in service with the third party, the third Community or the Foundation, or equivalent , as a member of the Board of Directors, the Management Board or an institution assimilated to them, or if he is expected to have an essential interest in the contract, which may conflict with the interests of the occupational pension insurance company.
Paragraph 1 shall also apply to a legal act other than an agreement and a trial and a similar procedure in which the company exercises the power of speech.
The government of the occupational pension insurance company must lay down the principles on how the rights deriving from the company's holdings in other entities are used ( Principles of corporate governance ). The principles shall also include an assessment of the membership of the management bodies of the company's managing director and of other entities or foundations of the persons employed, taking into account the interests of the occupational pension insurance company.
The company shall make public the principles of corporate governance.
The occupational pension insurance company shall maintain an up-to-date list of the members of the Board of Directors of the Board of Directors of the Board of Directors, as well as of the members of the Executive Director, of other economic or social interest groups or foundations. Government, supervisory boards or similar institutions, with the exception of housing limited companies.
The list referred to in paragraph 1 shall also include information on the members of the other senior management or of the preparatory persons employed by the occupational pension insurance company or on behalf of In the governments of the Communities or Foundations, on boards of directors or in the same institutions as those relating to their duties, with the exception of memberships in the housing stock companies.
The occupational pension insurance company shall have written policies approved by the Board of Directors for the identification and prevention of conflicts of interest.
The Government of the Occupational Pension Insurance Corporation shall decide on a significant transaction for the company in the case of the following:
(1) a member of the board of directors of the occupational pension insurance company, a member of the Board of Directors, the Executive Director, the auditor, the deputy auditor or the staff member of the audit firm, who has the main responsibility for the audit;
(2) the other senior management of the occupational pension insurance company, who is entitled to take decisions on the future development and organisation of the company;
(3) the spouse of the person referred to in paragraphs 1 or 2, the law on registered partnerships; (2003) Within the meaning of Article 2 (1) of Regulation (ec) No 2052/1999 of the European Parliament and of the Council.
The occupational pension insurance company shall keep an up-to-date public list of the transactions referred to in paragraph 1, their parties and their essential conditions. The maintenance of the list shall be provided in a reliable manner. The information entered in the list shall be kept for five years for the indication of the data. However, the identification and address of the natural person and the name of the person referred to in paragraph 1 (3) shall not be public.
Paragraphs 1 and 2 shall also apply to transactions concluded between an occupational pension insurance company and a person other than the person referred to in paragraph 1, if the purpose of the scheme was to circumvent paragraphs 1 and 2. Provisions.
The Occupational Pension Insurance Corporation has a Managing Director appointed by the Board of Directors. If the company has a Deputy Managing Director, he shall be subject to the provisions of this Act concerning the Executive Director.
The Executive Director shall be of good repute and shall have a good knowledge of occupational pension insurance, investment activity and management. Under Article 19 of Chapter 6 of the Insurance Companies Act, the company's responsible actuarial company must not be the managing director of the occupational pension insurance company. (203.2015/309)
L to 309/2015 (2) shall enter into force on 1 January 2016. The previous wording reads:
The Executive Director shall be of good repute and shall have a good knowledge of occupational pension insurance, investment activity and management. Under Article 20 of Chapter 6 of the Insurance Companies Act, the company's responsible insurer must not be the managing director of the occupational pension insurance company. (13/03/98)
The Executive Director shall not be a member of the Management Board or Board of Directors of his company.
In addition, the Executive Director of the Pension Insurance Corporation is subject to the provisions of Section 6 of Chapter 6 of the Insurance Companies Act, in the absence of an eligible supply manager, as well as in Article 4 (5) and Article 21 (1) of Chapter 6 of the Insurance Companies Act; Of the notification requirement. In addition, the Executive Director shall be subject to the provisions of Article 10a of this Act and Article 2 (2), Articles 17 and 18, Article 20 (2) and (3) and Articles 25 and 26 of this Act. (12/12/2014/1046)
As a member of the Board of Directors or as a member of the Board of Directors or as an Executive Director, there can be no legal person or a minor or the person who has been designated as a trustee whose viability is limited or bankrupt. The effect of the ban on business is laid down in the law on the business ban (1059/1985) . (18.7.2008/524)
At least half of the members of the Board of Directors and the Management Board and the Executive Director shall have their place of residence in the European Economic Area, unless the Insurance Supervisory Agency admits this derogation. A derogation may be granted if it does not jeopardise the effective supervision of the company and the management of the company in accordance with sound and prudent business principles.
The members of the Management Board and the Board of Directors and two thirds of the other members shall be persons who are not members of the same or other insurer or insurance holding entity or credit or financial institution or credit institution or credit institution, A holding entity or a management company, a UCITS, a foreign EEA management company, an alternative fund manager, as referred to in Section 15 of Chapter 1 of the Law on the operation of credit institutions in the financial institution, An EEA alternative fund manager or alternative fund manager in a third country, or With them in the Law on the supervision of the same group or financial and insurance groups (699/2004) , as members of the entity, as the managing director or as members of the Management Board or Board of Directors. (08.08.2010)
A member of the Management Board or a Board of Directors or the Executive Director shall not be a member of the Management Board or Board of the other occupational pension insurance company. (08.12.2006/1125)
The Executive Director shall be subject to the eligibility requirement laid down in paragraph 3, with the exception of the prohibition of membership of the Board of Directors or the Board of Directors. The Executive Director shall not act as the auditor of the Community referred to in paragraph 3. (08.12.2006/1125)
Notwithstanding the provisions of Article 1 (3), Article 4 (2), Article 4 (1), (3) and (5) and Article 21 (1) of the Insurance Companies Act shall apply to the Government of the Pension Insurance Company and the Executive Director.
The occupational pension insurance company shall have an adequate and efficient management system in relation to the quality and scope of the company's activities, in which the areas of responsibility are defined and which makes it possible to respect healthy and prudent business principles. The occupational pension insurance company shall ensure the continuity and regularity of its activities in all circumstances and, for that purpose, the company must have a plan of continuity approved by the Board of Directors. In addition, the occupational pension insurance company shall have written policies approved by the Board of Directors on the company's internal control, the risk management system, the organisation of the internal audit, the remuneration and the outsourcing of activities. Organisation.
The Board of Directors shall regularly assess the management system, the written operating principles and the continuity plan.
The occupational pension insurance company shall have an adequate risk management system in relation to the quality and scope of the company's activity, which shall cover the continuous identification, measurement, monitoring and control of risks and risks to the company Reporting.
Risk management shall cover the following areas:
1) the management of assets and liabilities;
(2) investments;
(3) liquidity;
(4) concentration risk management; and
5. Operational risk management.
The company shall have a risk management function which is independent of the risk-taking activities.
The occupational pension insurance company shall have internal control covering the company's accounting, management, investment and other key activities. Internal control also includes ensuring appropriate reporting at all organisational levels of the company.
Internal control includes a compliance function. It shall also assess the adequacy of the measures taken in the company in order to prevent and remedy any deficiencies in compliance with the provisions.
The occupational pension insurance company shall have an internal audit which assesses the adequacy and effectiveness of the company's internal control and other management.
The internal audit shall be independent of the company's operational activities.
At least once a year, the results of the internal audit and the draft measures shall be reported to the Board of Directors and to the Executive Director, who shall decide on the measures to be taken in response to the results and recommendations of the internal audit. The internal audit function shall also ensure that these measures are taken.
The remuneration scheme for the occupational pension insurance company must be in line with the purpose and objectives of the company and the long-term interest of the company. In particular, the remuneration scheme shall take into account the function of the occupational pension insurance company as a provider of statutory pension insurance. The remuneration system must be compatible with and promote the company's risk management. The remuneration system shall not encourage excessive risk-taking.
The insider of an occupational pension insurance company shall inform the regulated market or the mtf of shares in Finland and financial instruments whose value is determined by the On the basis of the information relating to the working pension insurance company referred to in Article 12 (i) Inland declaration ).
Insider of an occupational pension insurance company means:
(1) a member of the Board of Directors and an alternate member of the Board of Directors, the Executive Director and the Deputy Head of the Executive Director, as well as the auditor, the deputy auditor and the staff member of the audit firm, who have the main responsibility for auditing the company;
(2) other persons employed by the occupational pension insurance company, who have the opportunity to influence the decision to invest in the company's assets or which otherwise receives regular access to such shares or financial instruments; Inside information.
An insider declaration shall be made within fourteen days of the appointment of an insider to the task referred to in Article 12g (2).
The inner circle declaration shall state:
(1) the undertaker whose lobbyist is an insider;
(2) an entity or a foundation in which an insider or a disabled person referred to in paragraph 1 are directly or indirectly controlled;
(3) shares in a regulated market or mtf, owned by an insider and the entity or foundation referred to in paragraph 1, in a regulated market or in a multilateral trading system, shares in Finland and such Financial instruments whose value is determined on the basis of those shares.
Within a period of seven days, the insider shall notify the occupational pension insurance company:
(1) the acquisition and disposal of shares and financial instruments referred to in paragraph 2 (3) where the change of ownership is at least eur 5 000;
(2) other changes in the information referred to in this Article.
The information referred to in paragraph 2 (2) and (3) shall not be notified to the extent that they concern the housing limited company, the Housing Limited Company Act, (1599/2009) in Chapter 28, Article 2 Or a non-profit-making association or a non-profit-making entity. However, where a financial instrument is regularly traded by the Community, the relevant information shall be provided.
The inside declaration shall include the information necessary for the identification of the person, entity or foundation concerned, as well as information on shares and other financial instruments.
Where the shares or financial instruments referred to in paragraph 2 (3) are attached to the value-share system, the occupational pension insurance company may organise a procedure in which the information is obtained from the value-share system. In this case there is no need for a separate insider notification.
The occupational pension insurance company shall keep a register of insider declarations ( Internal register of occupational pension insurance company ) showing the shares and financial instruments referred to in Article 12h (2) (1), by an insider, within the meaning of Article 12h (2) (1) and by the entity or foundation referred to in paragraph 2; and Disaggregated supplies and supplies.
Where the shares and financial instruments referred to in Article 12h (2) (3) are attached to the value-share system, the register of the occupational pension insurance company's internal register may, in this respect, constitute a value-of-share system.
The maintenance of the internal register of the occupational pension insurance company shall be organised in a reliable manner. The information entered in the register shall be kept for five years for the indication of the data. Everyone has the right to reimbursement of expenses and copies of the records of the register. However, the identity and address of the natural person and the name of a natural person other than the inside person shall not be public.
Financial supervision may provide more detailed provisions:
1) the organisation of internal control and risk management;
(2) the contents and manner of the insider declaration; and
(3) the content of the internal register of the occupational pension insurance company and the way in which the information is based.
Central organisations representing both central employers and central employers are entitled to require a single auditor to be included in the audit alongside the other auditors. A proposal to this effect shall be submitted to the general meeting where the election of the auditors must be submitted or, in accordance with the invitation to the meeting, to be dealt with. If the General Meeting does not select the above auditor, the central organisation may submit an application for the statutory auditor to the Insurance Supervisory Board. The Agency may, after consultation with the board of the occupational pension insurance company, determine the duration of the statutory auditor's duration for the next financial year at the end of the general meeting or the term of office of the company's statutory auditor.
Article 13a has been repealed by L 20.3.2015/318 , which enters into force on 1 January 2017. The previous wording reads:
At least once a year and at the request of the Insurance Supervisory Authority, the statutory auditor of the occupational pension insurance company shall check whether or not the law on the calculation of the solvency margin and the liability of the pension institution (1114/2006) Article 19 The list of assets and the assets entered in it, and the requirements laid down in that law and in the provisions adopted pursuant thereto.
The continuous audit carried out by the statutory auditor of the occupational pension insurance company for the financial year to be carried out shall extend to the extent to which Article 14 and the solvency capital, investment activity, insurer and And between the occupational pension insurance company and the entities belonging to the same group.
The audit referred to in paragraph 1 shall be submitted to the Board of Directors.
At least once a year, the Board of Directors and the Board of Directors shall consult the auditor on the financial position and internal control of the company and on other issues raised in the audit.
L to 309/2015 Article 13b enters into force on 1 January 2016.
The liability arising from the insurance contracts of the occupational pension insurance company shall be recognised as liability. It consists of the liability and liability of insurance. (20.07.2012/442)
The liability liability shall be equal to the capital value of the contributions arising from future insurance transactions in so far as the company has assumed responsibility in accordance with the employee's pension law or the entrepreneur's pension law. The insurance premium shall also be held in accordance with Article 169 (3) of the Pensions Act of the employee's pension law for the benefit of other comparable benefits, or any liability reserved for the purpose of covering losses, which is distributed to policyholders In the form of Additional insurance liability ) And part thereof ( Non-partial supplementary insurance liability ). Any additional insurance liability may be used only for the rebates or other similar benefits provided for in Article 169 (3) of the Pensions Act. A non-partial supplementary insurance liability which increases or decreases the liability of insurance may be used to cover the loss of liability on the basis of the liability debt and also to cover other losses. (20.07.2012/442)
The liability shall be borne by the payment of compensation and other amounts due as a result of accident insurance events, in so far as the company has incurred liability in accordance with the pension law of the employee or the entrepreneur's pension law, as well as in the case of In the event of a countervailing charge. (20.07.2012/442)
For the purposes of calculating the exposure amount referred to in paragraph 2, the amount of the additional amount of supplementary insurance liability referred to in Article 168 of the pension law of the employee shall be taken into account in the calculation of the amount of the liability for insurance purposes. (8.12.2006/1120)
§ 15 has been repealed by L 20.3.2015/318 , which enters into force on 1 January 2017. The previous wording reads:
The occupational pension insurance company shall cover the liability referred to in Article 14, as provided for in the law on the calculation of the solvency limit of the pension institution and the liability of the institution.
The amount of the liability to be covered is obtained by deducting from the liability referred to in Article 14 the following items:
(1) in the case of reinsurance activities, the share of the reinsurers, which shall not exceed 20 % of the total amount of the liability;
(2) the corresponding part of the reinsurance activity, up to the amount of the corresponding reinsurance claims;
(3) entitlements based on the right of recourse; and
4. Expenditure on the purchase of insurance, which has been activated on the balance sheet.
However, the proportion of the reinsurer under the responsibility of the reinsurer referred to in paragraph 2 (1) shall not be deducted if the reinsurer is in liquidation or in bankruptcy or otherwise it is likely that the reinsurer will not be able to: Commitments. In addition, financial supervision may, for a limited period of time not exceeding 2 years, limit the right of an individual occupational pension insurance company to deduct the corresponding share of the reinsurance undertaking in the event of liability.
The occupational pension insurance company shall, in addition to liability, cover liability for the division of responsibilities within the meaning of Article 183 of the Pension Act of the employee, the liability for the burden-sharing referred to in Article 142 of the entrepreneur's pension scheme and the liabilities arising from insurance premiums.
In addition to the provisions of paragraphs 1 to 4, the occupational pension insurance company shall list the claims made by the holders of the creditors of the (1578/1992) 1 or 3 of the lien or other prerogative of the pension insurance company, referred to in Article 1 or 3.
For the purposes of calculating the solvency limit of a pension institution and the list of complaints referred to in Article 19 of the Law on the coverage of the liability, a list shall be included, including:
(1) the receivable assets referred to in paragraph 5; and
(2) the property to which the priority referred to in paragraph 1 is addressed.
L to 309/2015 Article 15 shall enter into force on 1 January 2016. The previous wording reads:
The occupational pension insurance company shall cover the liability referred to in Article 14 of this Act, as provided for in the Law on the calculation of the solvency threshold for the pension institution and the liability of the liability.
The amount of the liability to be covered is obtained by deducting the items provided for in Article 14 of Chapter 10 of the Insurance Companies Act as referred to in Article 14 of this Act.
The occupational pension insurance company shall, in addition to liability, cover liability for the division of responsibilities within the meaning of Article 183 of the Pension Act of the employee, the liability for the burden-sharing referred to in Article 142 of the entrepreneur's pension scheme and the liabilities arising from insurance premiums.
In addition to the provisions of paragraphs 1 to 3, the occupational pension insurance company shall list the claims made by the holders of the creditors of the (1578/1992) 1 or 3 of the lien or other prerogative of the pension insurance company, referred to in Article 1 or 3.
For the purposes of calculating the solvency limit of a pension institution and the list of complaints referred to in Article 19 of the Law on the coverage of the liability, a list shall be included, including:
(1) the receivable assets referred to in paragraph 4; and
(2) the property to which the priority referred to in paragraph 1 is addressed.
The solvency capital of the occupational pension insurance company shall mean the amount in which the assets of the occupational pension insurance company are to be deemed to exceed the liabilities of the company and other comparable commitments as laid down in Articles 16a to 16e. In that case, the liability of the occupational pension insurance company shall be deducted from the partial supplementary insurance liability referred to in Article 14 (2) and the amount of the countervailing amount referred to in paragraph 3 of that Article.
The amount of countervailing capital is intended to cover losses in the insurance business. Non-countervailing assets are primarily intended to cover losses of non-insurance undertakings.
The solvency capital of the occupational pension insurance company shall be read:
(1) the paid-up capital or the paid-up fund and the guarantee capital within the limits laid down in Article 16 (c);
2) on the company's application, with the consent of the Financial Supervisory Board, where 25 % of the share capital or the amount of the basis of the guarantee capital has been paid, half of the amount of the outstanding share capital or the amount of the minimum reserves and the total amount of the guarantee capital; Within the limits laid down in §
3) equity funds committed and free of charge;
(4) the profit of the financial year and the preceding financial years;
5. The depreciation difference on the balance sheet pursuant to Article 12 (1) of the Accounting Act and the optional reserves referred to in Article 15 of that Chapter;
(6) non-partial supplementary insurance liability;
(7) the amount of equalisation;
(8) a positive difference between the fair value and the accounting values of the balance sheet assets in so far as it cannot be considered exceptional in nature;
(9) at the company's application and with the consent of the financial supervision, the capital paid fully to the company for a period of at least five years or at least five years under the conditions laid down in Article 16b and within the limits laid down in Article 16 (c);
(10) on the company's application and with the agreement of the financial supervision, other items to be assimilated to the above items.
In order to qualify for a capital loan as referred to in Article 16a (9), it must comply with the conditions laid down in Chapter 15, Section 2, of the Insurance Companies Act. Additionally:
(1) in case of liquidation or bankruptcy of an occupational pension insurance company, the principal of the loan may be repaid, provided that, after the return of the company, the company complies with the solvency requirements of this Chapter;
(2) the loan agreement may not contain an order under which, in circumstances other than the termination or bankruptcy of a non-occupational pension insurance company, the debt must be repaid before the agreed maturity date; and
(3) the loan agreement may be modified only upon application by the occupational pension insurance company with the permission of the Financial Supervisory Authority.
A total of up to 50 % of the capital adequacy capital or two thirds of the capital adequacy threshold, whichever is the lower, shall be included in the solvency capital of the occupational pension insurance company.
(1) capital loans referred to in Article 16a (9); and
(2) the shares referred to in Article 16a (1) and (2), the shares referred to in Article 3 (2) of Chapter 3 of the Law on Shareholdings, whose entitlement to a non-distributable bonus is made up by reference and is passed on for financial years from which the company The financial statements do not indicate distributable assets, following confirmation of the annual accounts showing distributable assets.
The amount of the outstanding amount referred to in Article 16a (2) shall not exceed a maximum amount equal to 50 % of the capital adequacy capital or two thirds of the solvency limit, whichever is the lower.
The total amount of capital loans covered by the items listed in paragraph 1 and the shares included in paragraph 2 covered by the redemption order for the articles of association referred to in Article 10 (10) of the Companies Act, shall be read: Up to a maximum of 25 % of the capital adequacy capital or two thirds of the capital adequacy threshold, whichever is the lower. The amount of capital loans for equity capital shall be steadily reduced from the beginning of each year, if the remaining maturity of the loan is less than five years.
The following items shall be deducted from the capital adequacy capital:
(1) the loss of the financial year and the preceding financial years;
(2) a positive difference between the book values and the fair value of the assets;
(3) as a distributable share of the company's own free capital;
(4) the purchase of intangible assets for the purpose of the profit and loss account;
(5) all items in the balance sheet that are not included in the balance sheet, the performance of which must be regarded as likely;
(6) the pledge and mounting of a foreign undertaking;
(7) the fair value of any credit or financial institution owned by the company and of the shares, units, debentures, subordinated loans and other equity held by the company, where there is a working pension insurance company and Significant untying within the meaning of Section 10 of Chapter 1 of the Insurance Companies Act. (203.2015/309)
L to 309/2015 The amended paragraph 7 shall enter into force on 1 January 2016. The previous wording reads:
(7) the fair value of the shares, units, positions, debentures, subordinated loans and other equity held by the company, if the company is not covered by Chapter 26 of the Insurance Companies Act, And the company's holdings comply with the ownership link referred to in Chapter 26 of the Insurance Companies Act or, alternatively, the calculation of the solvency of the financial and insurance group for the calculation of the Method of deduction and calculation.
Financial supervision may require that the value of the items in the solvency capital referred to in Article 16a shall be reduced in the context of the establishment of a solvency capital step in accordance with Article 16f, subject to significant changes in the market value of these items; Between the time of the review and the date of preparation, or otherwise it is necessary to obtain the correct picture of the company's financial position. (203.2015/309)
L to 309/2015 Paragraph 1 shall enter into force on 1 January 2016. The previous wording reads:
Financial supervision may require that the value of the items in the solvency capital referred to in Article 16a shall be reduced when the calculation is made in accordance with Section 24 of Chapter 11 of the Insurance Companies Act, in particular when the market value of these items has occurred Significant changes between the time of the examination and the date of preparation.
For specific reasons, financial supervision may, in part or in whole, prohibit a working pension insurance company from reading the lot within the meaning of Article 16a (8) as part of the company's solvency capital.
Financial supervision may give more detailed provisions on the amounts to be read and deductible under Article 16 a-16d and the information to be provided in the plans referred to in Article 20. (203.2015/309)
L to 309/2015 Article 3 shall enter into force on 1 January 2016.
The occupational pension insurance company shall provide the financial supervision with a calculation of the fulfilment of the solvency capital requirements.
Financial supervision may provide more detailed provisions on the compilation and transmission of the Solvency Capital Step.
L to 309/2015 Article 16f enters into force on 1 January 2016.
The solvency limit of an occupational pension insurance company shall be determined on a risk-theoretical basis in order to reflect the need for solvency capital of one year, taking into account the risks of insurance and investment. The calculation of the solvency limit is further specified in the Act on the calculation of the solvency limit of the pension institution and the devolution of investments (315/2015) . (20,2015/318)
L to 13/2015 Paragraph 1 shall enter into force on 1 January 2017. The previous wording reads:
The solvency limit of the occupational pension insurance company shall be determined in a risk-theoretical manner, taking into account the risks of the solvency capital of one year, taking into account the risks of the insurance business and the distribution of investments in different types of assets. The calculation of the solvency limit is further specified in the Act on the calculation of the solvency limit of the pension institution and the coverage of the liability debt.
The Minimum Capital Requirement of the Occupational Pension Insurance Corporation is one third of the solvency limit.
The maximum solvency capital of the occupational pension insurance company shall be the three-fold amount of the solvency limit, but not less than 40 % of the liability debt minus the partial supplementary insurance liability, the amount of the countervailing and the items which the entrepreneur Under Article 139 (2) of the Pensions Act, no account is taken of the liability of the insurance. If, for the second consecutive year, the solvency capital of an occupational pension insurance company is higher than the maximum amount of the solvency capital, the occupational pension insurance company shall, from the year of the year, transfer to the amount of the supplementary insurance to be transferred to the amount of the supplementary insurance One third of the amount in which the company's solvency capital exceeds its ceiling. If the overrun can be considered to be of a permanent nature, the company shall organise its activities in such a way that the company's solvency capital falls below the ceiling. (20,2015/318)
L to 13/2015 Paragraph 1 shall enter into force on 1 January 2017. The previous wording reads:
If, for the second consecutive year, the solvency capital of an occupational pension insurance company is greater than four times the amount of the solvency margin ( Maximum capital adequacy capital ), the occupational pension insurance company shall, from the year onwards, transfer an amount equal to one third of the amount in which the solvency capital of the company exceeds its ceiling. If the overrun can be considered to be of a permanent nature, the company shall organise its activities in such a way that the company's solvency capital falls below the ceiling.
If the solvency capital of an occupational pension insurance company is higher than the solvency limit, the company may transfer to the covered amount of supplementary insurance referred to in Article 14 (2) for a maximum of the amount of the pension calculated in accordance with Article 169 (3) of the Pensions Act. Quantity.
Where the solvency capital of an occupational pension insurance company is less than the solvency limit or the solvency capital less the amount of the countervailing duty is less than the required minimum capital, the transfer to an additional insurance liability shall be prohibited.
The solvency capital of the occupational pension insurance company, reinsurance and other aspects affecting the solvency of the company shall be arranged in a secure manner, taking into account the likely variability of returns and expenses, and the other Uncertainties.
An occupational pension insurance company with a solvency capital lower than the solvency limit shall immediately submit to the financial supervision a plan for the recovery of its financial position. The health plan shall demonstrate that the solvency capital of the occupational pension insurance company exceeds the solvency limit for a period of up to two years, or for specific reasons, with the authorisation of the financial supervision.
An occupational pension insurance company with a solvency capital less than the required minimum capital shall immediately submit to the Financial Supervisory Authority a short-term financing plan for adoption. The financial plan shall demonstrate that the solvency capital of the occupational pension insurance company exceeds its minimum threshold within three months. If the measures provided for in the financing plan have not been implemented within the time limit, the financial supervision may be extended by a maximum of three months for reasons of particular pressure.
Notwithstanding the provisions of the Insurance Companies Act and the Companies Act, in the context of the liquidation of the company, the liquidation, the transfer of the insurance policy or any other assets, the assets exceeding the liabilities of the occupational pension insurance company shall include: The proportion of shares and guaranteed shares to shareholders or to the owners of the guarantee shares in the company's own capital and the reasonable return calculated for them. The remaining part of the assets, including the revaluation reserve, belongs to policy holders as part of an insurance policy where the funds must be used to implement the insured pension cover. The provisions of this article must be incorporated into the articles of association.
The funds of the occupational pension insurance company are to be distributed to the shareholders only according to the provisions of this Act and the Insurance Companies Act concerning the distribution of profits and the fees and the distribution of funds in connection with the reduction of the share capital. The distribution of profits shall not be considered as a transfer to the increased insurance cover referred to in Article 14 (2) of this Act.
The provisions of this Chapter shall apply mutatis mutandis to the distributions of profits.
The occupational pension insurance company shall not share a profit if its solvency capital is less than the solvency limit or the solvency capital less the amount of the countervailing amount is less than the required minimum capital, or is known or should be aware that the company is Insolvent.
Victory must also not be shared if we know, or should be aware, that the distribution of profits leads to a reduction in the capital adequacy capital provided for in paragraph 1, or that the company becomes insolvent.
L to 13/2015 Article 23 shall take effect on 1 January 2017. The previous wording reads:
The occupational pension insurance company shall not share a profit if its solvency capital is less than the solvency limit or the solvency capital less the amount of the countervailing duty is less than the required minimum capital or the company does not fulfil the liability cover Or know or should know that the company is insolvent.
Victory shall also not be shared if it is known, or should be known, that the distribution of profits leads to a reduction in the capital adequacy capital provided for in paragraph 1, that the company becomes insolvent or that the liability of the liability is not met by law The requirements laid down.
The property of the occupational pension insurance company shall not be used for the purpose of the company's activities.
The Annual General Meeting may decide to give a gift of general interest or a comparable purpose if the amount of the donation and the condition of the pension insurance company and other conditions can be considered reasonable. The government may use funds which are of minor importance in view of the condition of the company.
§ 25 has been repealed by L 18.7.2008/524 .
The funds of the occupational pension insurance company shall be invested productively and securely.
The financial assets and other assets belonging to the occupational pension insurance company shall be kept separate from the assets of the company or other entity or foundation belonging to the same group.
The financial management and payment traffic of the occupational pension insurance company shall be organised in such a way that the funds are not used in conjunction with the company pension insurance company for the financial management of the company or other entity or foundation belonging to the same group of companies or to the payment service.
For specific reasons, the company may, to a limited extent, derogate from the provisions of paragraph 3 for payment traffic, as decided in more detail by the Insurance Supervisory Authority.
The investment activity of an occupational pension insurance company shall be independent. The company shall have adequate staff for investment activities.
The management board, the Board of Directors or the Executive Director may disclose their decision on matters relating to the investment activity of an occupational pension insurance company only to a person employed by a company who is not at the same time in the employment contract or In other contractual or non-contractual dependencies in relation to another entity or foundation.
Persons preparing investment decisions on behalf of an occupational pension insurance company shall not, at the same time, be dependent on an employment contract or other contractual or other contractual relationship with another entity at risk of their independence, or Into the foundation.
However, the occupational pension insurance company may, depending on the details of the company's Board of Directors, purchase additional financial services, expert services, ancillary activities or similar services to the company's own investment activities. Outside the company, provided that this does not jeopardise the independence of the occupational pension insurance company.
The Insurance Supervisory Authority shall lay down more detailed provisions for the company's own investment activities, as referred to in paragraph 4, for the provision of supplementary care services, investment agents, ancillary activities or other services comparable to those referred to in paragraph 4. (6.6.2003/419)
The government of the occupational pension insurance company shall draw up a plan for the investment of its assets ( Investment plan ), which shall in particular take into account the nature of the company's insurance business as part of statutory social security and the requirements set out in Article 19 for the company's activities. The investment plan shall be accompanied by the opinion of the company's actuarial company as to whether the company's investment plan meets the requirements of the nature of the liability to the company's investment activities. (08.12.2006/1125)
The investment plan shall indicate to what extent and from whom the occupational pension insurance company purchases services referred to in Article 27 (4). The plan shall also lay down the principles to be followed in respect of the granting of significant amounts of money to the shareholders or to the owners of the guarantee in relation to the other lending activities of the occupational pension insurance company in a company which is: The same group or association with the occupational pension insurance company. (12/12/2014/1046)
The Insurance Supervisory Authority shall lay down further provisions on the investment plan referred to in this Article. (29.1.1999/83)
In order to safeguard healthy and effective economic competition from harmful competition restrictions, occupational pension insurance companies must, in addition to the provisions of the Act on Restrictive Practices, comply with the Provisions.
The Insurance Supervisory Authority monitors the conditions of competition of occupational pension insurance companies, explains the restrictions on competition, takes measures to eliminate the injurious effects of the restrictions on competition and takes initiatives to promote competition.
Under the supervision of occupational pension insurance companies, the Insurance Supervisory Authority must also take into account the requirements of competition.
Financial supervision and the Office for Competition and Consumer Protection must cooperate with each other. (30.11.2012/668)
The Competition and Consumer Agency shall request the financial supervision of the Financial Supervisory Authority, when dealing mainly with the restriction of competition in the field of occupational pension insurance.
When assessing the effects of competitive constraints, account must also be taken of considerations relating to the protection of the interests of the insured.
The occupational pension insurance company may, with the consent of the financial supervision, merge with another occupational pension insurance company, give up the insurance policy or part of it to another occupational pension insurance company or split as provided for in the Insurance Companies Act. Financial supervision shall give its consent, unless the measure referred to above infringes the insured interests unless it is deemed to jeopardise the healthy development of insurance activities and where the financial supervision considers that the Justification for the implementation of the occupational pension scheme. In the context of the application for consent, the financial supervision shall be accompanied by a calculation of the liability and solvency capital of the transferring company and the underlying investments. Financial supervision has the right to attach to its consent the conditions it considers necessary to safeguard the interests of the insured or the healthy development of insurance activities. (20,2015/318)
L to 13/2015 Paragraph 1 shall enter into force on 1 January 2017. The previous wording reads:
The occupational pension insurance company may, with the consent of the financial supervision, merge with another occupational pension insurance company, give up the insurance policy or part of it to another occupational pension insurance company or split as provided for in the Insurance Companies Act. Financial supervision shall give its consent, unless the measure referred to above infringes the insured interests unless it is deemed to jeopardise the healthy development of insurance activities and where the financial supervision considers that the Justification for the implementation of the occupational pension scheme. For the purposes of applying the agreement, the financial supervision shall be accompanied by a statement of the liability of the transferring company and its margin and the calculation of the solvency capital. Financial supervision has the right to attach to its consent the conditions it considers necessary to safeguard the interests of the insured or the healthy development of insurance activities.
Otherwise, Articles 1 to 9, 10 (3) and 11 to 19 of Chapter 19 of the Insurance Companies Act, Articles 1 to 9, 10 (3), 10 (3) and 11 to 17, and Articles 11 to 17 and 21 (1) to (5) and (8) to 11, 12 (3) of Chapter 21 of the Insurance Companies Act shall apply. Articles 13 to 16.
In the case of a merger, the transfer of the insurer and the distribution of the insurer transferred, the recipient company is transferred to the recipient company from the assets of the company under Article 21 which corresponds to the amount of insurance to be handed over.
For the application referred to in paragraph 1, the financial supervision shall request the opinion of the Competition and Consumer Agency where the arrangement referred to in the application falls within the scope of the company's corporate trading supervision. (30.11.2012/668)
The occupational pension insurance company may, with the agreement of the Insurance Supervisory Authority, transfer an insurance policy in accordance with the pension scheme of one of the employees of one employer in the company ( Employer-specific insurance policy ) For this purpose, the Law on Pensions, (1774/1995) Or the insurance fund referred to in (16/04/1992) To the pension fund referred to in The receiving pension institution ).
The employer-specific insurance rate may also be transferred to an existing pension fund or pension fund according to the laws referred to in paragraph 1.
The supply referred to in paragraphs 1 and 2 shall be subject to a total of at least 300 insured persons who are insured in the form of insurance.
The insurance stock to be surrendered shall be deemed to include:
(1) the employer's existing insurance and immediately prior to the employer's technical reasons for the same employer; and
(2) the insurance of the other employer who has merged with the employer, which has been in force at the time of the merger in the employment pension insurance company and which has been decided on account of the merger of the employer.
The provisions of paragraphs 1 to 4 shall also apply to the transfer of an insurance policy under the pension scheme of two or more employers in the same occupational pension insurance company, provided that employers are Article 115 (1) of the Pensions Act. Or employers referred to in Article 4 of the insurance fund. In the case of the transfer of the insurer to the pension fund, at least 50 employees must be insured separately in each employer's insurance policy.
However, the transfer of an employer-specific insurance position shall not be possible if, in accordance with this Article, Article 102 (1) of the Pension Insurance Act, or the earlier part of the same insurance as referred to in Article 132 (9) of the Insurance Code, or part thereof Less than five years have elapsed since the surrender.
The transfer of the insurer's position within the meaning of this Chapter shall be decided by the Board of Directors of the occupational pension insurance company if the amount of the premium to be released is not more than 10 % of the liability under Article 14 of the occupational pension insurance company. In that case, the Government's decision will be the opinion which has been supported by more than half of the present, or by the vote by the votes of the President.
Otherwise, the transfer of the insurance policy will be decided by the general meeting of the occupational pension insurance company. In this case, the decision shall be taken by a qualified majority in accordance with Chapter 5, Section 21 of the Insurance Companies Act.
The occupational pension insurance company and the receiving pension institution shall, within four months of the conclusion of the Agreement on Extradition, seek the consent of the Insurance Supervisory Authority. If the Insurance Supervisory Authority does not consider that the application has to be further rejected, the Agency shall issue an application for the transfer of the insurer at the expense of the receiving pension institution in the Official Journal. The alert shall invite those wishing to make a reminder of the application to submit them to the Insurance Supervisory Agency within a period prescribed by it, which may not be less than one month and not more than two months.
The insurance supervisory authority shall oblige the receiving pension institution to ensure, without delay, that the alert is informed, in accordance with the instructions of the Insurance Supervisory Authority, on the declaration board of the employer whose insurance policy To surrender.
The Insurance Supervisory Authority shall give its consent to the surrender of the employer's per-employer insurance policy, unless the measure infringes the insured interests and is deemed not to jeopardise the healthy development of insurance activities.
The receiving pension institution shall report the transfer of the insurance rate to the recipients of the pension or other benefits of this insurance policy at the latest on the payment of the first benefits after the transfer.
Where appropriate, the Insurance Supervisory Authority shall lay down further provisions on the application referred to in this Article and the explanations required in the application.
In the case of an employer, the proportion of the exposure amount transferred to the receiving pension institution shall be transferred to the receiving pension institution in accordance with Article 14, with the exception of the responsible calculation of the liability for the years in question. The countervailing amount and the additional insurer's liability. However, the amount to be determined according to Article 29e shall be transferred to the non-partial additional liability.
The occupational pension insurance company shall be obliged to give a non-partial amount of supplementary insurance cover which enables the host institution to distribute the investment distribution corresponding to the pension institutions operating in accordance with the pension law of the employee. The average risk of investment distribution ( Tranching solvency capital ).
The Decree of the Ministry of Social Affairs and Health lays down the amount referred to in paragraph 1 of the financial supervision as a fixed percentage of the liability debt minus the partial supplementary insurance liability, the amount of the countervailing and the items which the entrepreneur Under Article 139 (2) of the Pensions Act, no account is taken of the liability of the insurance. The percentage shall be calculated in such a way as to correspond to the solvency limit of the pension institutions operating in accordance with the pension law of the employee and the amount of the investments used for its calculation. (20,2015/318)
L to 13/2015 (2) shall enter into force on 1 January 2017. The previous wording reads:
The Decree of the Ministry of Social Affairs and Health lays down the amount referred to in paragraph 1 as a fixed percentage of the liability debt to be used for the solvency calculation. The percentage shall be calculated in such a way as to be equivalent to a doubling of the median capital of the pension institutions performing the activities of the employee's pension law.
The Regulation referred to in paragraph 2 shall be adopted four times a calendar year from the beginning of March, June, September and December, mainly from the beginning of the following April, July, October and January. The financial supervision shall, by the end of February, May, August and the end of November, be carried out by the Ministry of Social Affairs and Health to confirm the percentage referred to in paragraph 2.
The amount of the transferred solvency capital shall be the percentage laid down in the Regulation referred to in the Regulation referred to in paragraph 2, which is in force when the agreement on the transfer of the insurance stock is concluded.
Where the amount of recapitalisation in accordance with paragraph 2 is greater than the amount corresponding to the amount of the solvency capital of the occupational pension insurance company, equivalent to that of the insurer, the pension insurance company shall be handed over The contribution corresponding to the solvency capital of the company. (20,2015/318)
L to 13/2015 The amended Article shall enter into force on 1 January 2017. The previous wording reads:
Where the amount of recapitalisation in accordance with paragraph 2 is greater than the amount corresponding to the amount of the solvency capital of the occupational pension insurance company, equivalent to that of the insurer, the pension insurance company shall be handed over The contribution corresponding to the solvency capital of the company. For the purpose of calculating the contribution of the insurance stock to be transferred, the solvency capital of the occupational pension insurance company shall be taken into account in the determination of the provisions of the solvency calculation provisions for the calculation of the solvency calculation.
In the case of an employer, the transfer of an insurance policy shall be transferred to the receiving pension institution in accordance with Article 29d and the amount corresponding to the transferred capital adequacy capital referred to in Article 29e. (20,2015/318)
L to 13/2015 Paragraph 1 shall enter into force on 1 January 2017. The previous wording reads:
The transfer of an insurance policy to the employer shall be transferred to the receiving pension institution in accordance with Article 29d and the amount corresponding to the transferred operational capital referred to in Article 29e.
Transferable assets are valued at fair value. The assets to be transferred shall be counted as priority, unless otherwise agreed, the assets which may be considered related to the activity of the employer whose insurance policy is to be disclosed. In addition to these assets, the transferred assets consist of cash, unless otherwise agreed in the agreement between the occupational pension insurance company and the receiving pension institution.
The contract for the submission of an employer-specific insurance position shall indicate the date of entry into force of the date of entry into force of the transfer of the insurer, which shall not exceed six months.
The employer, whose insurance policy is handed over, is obliged to pay the reasonable administrative costs of the transfer to the occupational pension insurance company.
The insurance supervisory authority shall ensure that the costs referred to in paragraph 1 have been taken into account when settling the insurance stock.
The financial statements of a subsidiary or associate working pension insurance company shall not be linked to the consolidated financial statements of another insurer or other entity. The profit and loss account and balance sheet of the occupational pension insurance company shall be accompanied by the right and adequate information to assess the relationship between the occupational pension insurance company and the companies belonging to the same group. The Annex shall also include significant and exceptional transactions between the occupational pension insurance company and its voting rights between the shareholders of at least one tenth of its voting rights.
The company's information on marketing, customer acquisition and other business must be separated from the information on the financial and market share of other insurance companies and entities, with the right and adequate picture of the company's occupational pension insurance company The results of their own business and the company's contribution to occupational pension insurance. (08.12.2006/1125)
The company shall, in the manner prescribed by the Insurance Supervisory Authority, notify the Agency of significant or exceptional transactions which it has undertaken to obtain customers or otherwise market or have done with its customers. Notwithstanding the confidentiality of documents, each person shall have the right to be informed of the declaration referred to in this paragraph and its content. (08.12.2006/1125)
Financial supervision ensures that occupational pension insurance companies comply with the legislation on insurance and good insurance.
The role of financial supervision is to monitor, in particular, that the solvency of the occupational pension insurance company and the factors affecting it are organised in a secure manner and that the corporate governance arrangements are adequate and reliable. Financial supervision also monitors the marketing of occupational pension insurance companies and the use of contract terms.
Financial supervision is also supervised by Finnish insurance companies, in accordance with the provisions of the Insurance Companies Act.
L to 309/2015 Article 31 shall enter into force on 1 January 2016. The previous wording reads:
§ 31 has been repealed by L 18.7.2008/524 .
Under Article 19 of Chapter 6 of Chapter 6 of the Insurance Companies Act, a person acting as responsible for an insurance company in the form of an insurance company may not act at the same time as a responsible insurance undertaking for another insurer unless the financial supervision For the purposes of this derogation.
The euro amounts provided for in this Act may be amended by the Regulation to reflect developments in the general price level.
The provisions of Chapter 28 of the Insurance Companies Act, which provide for liability for the insurance company, also apply to damage caused by the violation of this law or of statutory pension insurance.
Notwithstanding the provisions of paragraph 1, a member of the Board of Directors, a member of the Board of Directors and the Executive Director shall not have to pay attention to the loss of care if the damage referred to in Article 2 (3) of Chapter 28 of the Insurance Companies Act has been caused by an infringement Articles 2 or 3 of this Act, Article 6 (1), Article 19 or Article 22 (1).
Article 33b has been repealed by L 18.7.2008/524 .
This Act shall enter into force on 1 May 1997.
What the law amending the Insurance Companies Act (18/0996) , paragraphs 2 to 5 of the entry into force provide for the amendment of the statutes of the insurance company carrying out the statutory pension insurance, the composition of the Board of Directors and the Board of Directors, the minimum operating capital, the amount of the guarantee and the Of ownership, including the occupational pension insurance company under this law.
As a result of the entry into force of this law, occupational pension insurance companies authorised before the entry into force of this Act shall be subject to the law.
Upon entry into force of this Act, the pending application for authorisation shall be completed in accordance with the requirements of this Act.
The occupational pension insurance company, which is active at the time of entry into force of this Act, shall be entitled to hold an insurance undertaking in accordance with the licence registered in the licence register.
Notwithstanding the provisions of Articles 4 and 5, the occupational pension insurance company may continue to own the shares or other equity which it had legally acquired before the entry into force of this Act. If the number of shares or units owned by the occupational pension insurance company exceeds the ceiling laid down by law at the time of entry into force of the law, the company's share of the shares, shares or orders of the entity to be owned shall not: Rise from the number of times when the law came into force. If, after the entry into force of the law, the pension insurance company's contribution is reduced, but still exceeds the ceiling provided for in this Act, this proportion shall no longer be increased from such a reduction. The relevant ministry may, upon application, authorise derogations from the provisions of this paragraph.
Article 6 (1) of this Law shall not apply to an occupational pension insurance company registered before the entry into force of this Act. However, the basic capital must not be reduced to a lesser extent by a decision of the general meeting.
Within two years and within one year of the entry into force of the law, the members of the Management Board and the Board of Directors shall meet the requirements of Article 12 (2) to (4) of this Act.
The occupational pension insurance company, which is in operation at the time of entry into force of this Act, shall organise its activities in accordance with Article 26 (2) and (3), and Articles 27 and 28, within one year of the entry into force of the law.
In view of the small size of the company's small size and its limited market share, the Insurance Supervisory Authority may grant exemptions from the provisions of Article 10 (3) and the provisions of Article 27 (1) on investment staff. And Article 3 (3), where it may take place without prejudice to the purpose of the company as provided for in Article 2 and without jeopardising the sound development of occupational pension insurance activities. The Insurance Supervisory Authority may impose special conditions on the granting of a derogation. (08.12.2006/1125)
THEY 255/1996 , StVM 6/1997, EV 29/1997This Act shall enter into force on 1 September 1997.
THEY 89/1997 , StVM 12/1997, EV 95/1997
This Act shall enter into force on 1 October 1998.
THEY 243/1997 , TaVM 2/1998, EV 19/1998
This Act shall enter into force on 1 January 1999. Article 6 (1) of this Law shall apply to a licence application lodged after the entry into force of the law.
Notwithstanding Article 6 (1), the capital or guarantee capital of the occupational pension insurance company may be denominated in the Finnish markka if the book is signed before the entry into force of this Act or before 1 January 2002. The minimum amount of the sum of the share capital or of the guarantee capital and the minimum amount of the base shall be converted into Finnish marks by the Council of the European Union on the basis of Article 109l (4) of the Treaty establishing the European Community The exchange rate.
THEY 233/1998 , No 31/1998, EV 204/1998
This Act shall enter into force on 1 April 1999.
The authorisations, orders, instructions and other decisions relating to insurance supervision and control issued by the Ministry concerned, which, in accordance with Article 33b, are transferred to the Insurance Supervisory Board, shall remain in accordance with the After the date of entry into force, until the Insurance Supervisory Authority decides otherwise.
THEY 163/1998 , TaVM 29/1998, EV 202/1998
This Act shall enter into force on 1 December 2000.
-32/2000 , THEY 63/2000 , TaVM 22/2000, EV 128/2000, European Parliament and Council Directive 98 /78/EC (31998L0078); OJ L 330, 5.12.1998, p. 1, Council Directive 92/49/EEC (31992L0049); OJ L 228, 11.8.1992, p. 1, Council Directive 92/96/EEC (31992L0096); OJ L 360, 9.12.1992, p. 1
This Act shall enter into force on 1 February 2002.
THEY 165/2001 , TaVM 19/2001 EV 215/2001
This Act shall enter into force on 1 July 2003.
For the purpose of calculating the minimum five-year period laid down in Article 29a (6) of this Act, no account shall be taken of the settlement of the insurance stock carried out before the law enters into force.
THEY 21/2002 , StVM 52/2002 EV 255/2002
This Act shall enter into force on 15 May 2004.
THEY 149/2003 , TaVM 3/2004, EV 18/2004, European Parliament and Council Directive 2001 /17/EC (32001L0017); OJ L 110, 20.4.2001, p. 28, Directive 2000 /64/EC of the European Parliament and of the Council (32000L0064); OJ L 290, 17.11.2000, p. 27
This Act shall enter into force on 1 June 2004. This law shall apply for the first time to the control of annual accounts for financial years beginning on or after 1 January 2004.
On the application of the pension insurance company and with the agreement of the Insurance Supervisory Authority and subject to the conditions laid down in Chapter 11, Section 4, of the Insurance Companies Act, the restrictions listed in Article 16 of Chapter 7 of this Act shall be used instead of the minimum operating capital Operating capital until 19 March 2007. Since then, on the application of the company pension insurance company and with the agreement of the Insurance Supervisory Authority and subject to the conditions laid down in Chapter 11, Section 4 of the Insurance Companies Act, the restrictions listed in Article 16 of Chapter 7 shall be used instead of the minimum operating capital Operating capital until 19 March 2009, provided that the company has submitted a plan under Chapter 14, Section 5b of the Insurance Companies Act, to which the company intends to take action to bring the situation into line with this law.
At the request of the occupational pension insurance company and with the agreement of the Insurance Supervisory Authority and subject to the conditions laid down, the occupational pension insurance company may not comply with the requirement laid down in Article 17 (2) of this Act until 19 March 2007. Thereafter, on the application of the occupational pension insurance company and with the agreement of the Insurance Supervisory Authority, the company may not comply with the requirement laid down in Article 17 (2) of Chapter 7 of this Act until 19 March 2009, provided that: That the company has submitted a plan in accordance with Chapter 14, Section 5b of the Insurance Companies Act, which the company intends to take to bring the situation into line with this law.
THEY 161/2003 , TaVM 6/2004, EV 36/2004, Directive 2002/83/EC of the European Parliament and of the Council (32002L0083); OJ L 345, 19.12.2002, p. 1, Directive 2002/13/EC of the European Parliament and of the Council (32002L0013); OJ L 077, 20.3.2002, p. 17
This Act shall enter into force on 5 August 2004.
THEY 69/2004 , TaVM 12/2004, EV 103/2004, European Parliament and Council Directive 2002/87/EC (32002L0087); OJ L 035, 11.2.2003, p. 1-27
This Act shall enter into force on 31 December 2004.
THEY 224/2004 , TaVM 31/2004, EV 230/2004, Regulation (EC) No 1606/2002 of the European Parliament and of the Council, OJ L 243, 11.9.2002, p. 1, Directive 2001 /65/ec of the European Parliament and of the Council, OJ L 283, 27.10.2001, p. 28, European Parliament and Council Directive 2003 /51/EC; OJ L 178, 17.7.2003, p. 16
This Act shall enter into force on 15 April 2006.
This law shall apply to the transfer of the insurance stock to which the contract was awarded on or after 7 October 2005.
By way of derogation from Article 29e (3), the Ministry of Social Affairs and Health must, for the first time, lay down the percentage of the operating capital for the transfer of the insurance stock referred to in that paragraph to the entry into force immediately. From the date of entry into force. The percentage to be fixed shall be based on the most recent data available before the entry into force of this Act to the Insurance Supervisory Agency for the solvency of the pension institutions carrying out activities under the pension law of the employees. This percentage shall apply to the supply of insurance premiums under this Act, to the transfer and receipt of insurance activities under the Pension Insurance Act, and to the transfer and receipt of responsibility under the insurance fund, which The Agreement was concluded on 7 October 2005 or thereafter until the entry into force of the Regulation as a rule under Article 29e (2).
Before the entry into force of this Act, the Insurance Supervisory Authority shall submit a proposal to the Ministry of Social Affairs and Health for the adoption of the regulation referred to in Article 3 (3).
A decision by the Insurance Supervisory Authority before the entry into force of this Act on the application for consent to an agreement concluded on 7 October 2005 or after the surrender of the policy of insurance shall be adopted on the date of adoption of the decision Under the law in force. However, the Agency's decision shall lapse unless the Agreement on Extradition is amended to comply with this law within two months of the entry into force of the law.
THEY 158/2005 , StVM 6/2006, EV 23/2006
This Act shall enter into force on 1 January 2007. Before the entry into force of this Act, measures may be taken to implement the law.
THEY 77/2006 , StVM 31/2006, EV 152/2006
This Act shall enter into force on 1 January 2007.
The members of the Board of Supervisors and the Board of Directors of the Occupational Pension Insurance Corporation shall have the competence provided for in this Act for two years and a year after the date of entry into force of the law.
The election committee referred to in Article 9b of the Occupational Pension Insurance Corporation and the government preparatory committees referred to in Article 10 shall be appointed within one year of the entry into force of this Act.
The holdings of an occupational pension insurance company in a foreign industry shall be brought into line with Article 5 (2) within one year of the entry into force of this Act.
The change in the statutes of the occupational pension insurance company in accordance with this law shall be declared to be registered within one year of the entry into force of this Act. The provisions of this law on the right of access to the general assembly through an ombudsman and the provisions of the Board of Directors shall apply instead of the provisions of the Articles of Association as soon as the law enters into force.
The derogations granted before the entry into force of this Act, pursuant to Article 38 (2), shall remain in force when this Act enters into force.
THEY 76/2006 , StVM 29/2006, EV 156/2006
This Act shall enter into force on 15 October 2007.
THEY 21/2007 , TyVM 2/2007, EV 26/2007, Council Directive 2004 /113/EC (32004L0113); OJ L 373, 21.12.2004, p. 37
This Act shall enter into force on 1 October 2008.
Notwithstanding the provisions of Article 11 (2), a responsible actuary of the company appointed as Executive Director at the time of entry into force of this Act may continue as ceo, even after the entry into force of this Act.
THEY 13/2008 , TaVM 7/2008, EV 51/2008
This Act shall enter into force on 1 January 2009.
THEY 66/2008 , TaVM 20/2008, EV 109/2008
This Act shall enter into force on 8 April 2009.
THEY 235/2008 , TaVM 1/2009, EV 15/2009, Directive 2007 /44/EC of the European Parliament and of the Council (32007L0044), OJ L 247, 21.9.2007, p. 1
This Act shall enter into force on 31 March 2011.
Article 29e (3) shall apply for the first time when the Regulation enters into force on 1 July 2011.
Before the law enters into force, action can be taken to enforce the law.
THEY 273/2010 , StVM 50/2010, EV 299/2010
This Act shall enter into force on 1 January 2013.
After the entry into force of this law, the solvency capital of the occupational pension insurance company referred to in Article 16 shall mean the solvency capital of the occupational pension insurance company as provided for in the law. With effect from the entry into force of this Act, the minimum operating capital of an occupational pension insurance company within the meaning of the law shall be two thirds of the solvency limit of the pension insurance company. Half of the minimum operating capital of the occupational pension insurance company, as provided for in the law, is the minimum capital requirement for the occupational pension insurance company as referred to in Article 17.
Insurance Companies Act (521/2008) in Chapter 25 For the purposes of paragraph 1 (3), Article 17 of this Act shall apply as it stood at the time of entry into force of this Act.
Paragraph 3 has been repealed by L 20.3.2010 , which enters into force on 1 January 2016. The previous wording reads:
An amount equal to the amount of the solvency ratio referred to in Article 16 shall not exceed the amount of the countervailing contribution of the other occupational pension insurance companies, as referred to in Article 16, by a maximum amount of 130 % of the average amount of the countervailing amount of the other occupational pension insurance companies. On the part of the invalidity pension in relation to the insured salary paid by the insured person of Etera. However, in the period from 2013 to 2017, the countervailing contribution to Etera's contribution to the invalidity pension shall be equal to at least the amount of the countervailing ratio of the other occupational pension insurance companies to the ratio of other The sum of the liabilities to be used to calculate the solvency limit for occupational pension insurance companies multiplied by the amount of the exposure amount to be used for the calculation of the Etera solvency limit. However, the amount of the Etera countervailing contribution to the Solvency Pension contribution may not exceed the amount of the Etera countervailing pension component.
The provisions of paragraph 4 shall not apply from the year on which the date of entry into force of the pension law of the employee (396/2006) The supplement referred to in paragraph 2.
As regards the amount of the countervailing duty referred to in Article 16, the amount of the countervailing duty shall not be counted on the basis of the criteria laid down by Article 5 (4) of the Pensions Act of the Ministry of Social Affairs and Health. Cost loading and payment losses.
THEY 9/2012 , StVM 4/2012, TaVL 21/2012, EV 47/2012
This Act shall enter into force on 1 January 2013.
THEY 108/2012 , TaVM 9/2012, EV 98/2012
This Act shall enter into force on 21 December 2012.
THEY 55/2012 , TaVM 12/2012, EV 116/2012
This Act shall enter into force on 1 January 2014.
THEY 83/2013 , TAVM 28/2013, PVL 24/2013, EV 146/2013
This Act shall enter into force on 15 March 2014.
THEY 94/2013 , TaVM 38/2013, PeVL 43/2013, EV 4/2014, Directive 2011 /61/eu of the European Parliament and of the Council; (32011L0061); OJ L 174, 1.7.2011, p. 1
This Act shall enter into force on 15 August 2014.
THEY 39/2014 , TaVM 6/2014, EV 62/2014
This Act shall enter into force on 1 January 2015.
Persons who, at the time of entry into force of the law, are insiders of an occupational pension insurance company within the meaning of Article 12g shall make an inside declaration within five months of the date of entry into force of the law.
THEY 96/2014 , StVM 13/2014, EV 141/2014
This Act shall enter into force on 1 January 2015 and shall be valid until 31 December 2017.
This law shall apply until 31 December 2032 to housing limited companies incorporated in the subsidiary of a working pension insurance company which have been established in force.
THEY 202/2014 , StVM 31/2014, EV 215/2014
This Act shall enter into force on 1 January 2016.
THEY 344/2014 , TaVM 30/2014, EV 304/2014, Directive 2009 /138/EC of the European Parliament and of the Council (32009L0138); OJ L 335, 17.12.2009, p. Directive 2011 /89/EU of the European Parliament and of the Council (32011L0089); OJ L 326, 8.12.2011, p. 113., European Parliament and Council Directive 2014 /51/EU (32014L0051); OJ L 153, 22.5.2014, p. 1.
This Act shall enter into force on 1 January 2016.
THEY 344/2014 , TaVM 30/2014, EV 304/2014, Directive 2009 /138/EC of the European Parliament and of the Council (32009L0138); OJ L 335, 17.12.2009, p. Directive 2011 /89/EU of the European Parliament and of the Council (32011L0089); OJ L 326, 8.12.2011, p. 113., European Parliament and Council Directive 2014 /51/EU (32014L0051); OJ L 153, 22.5.2014, p. 1.
This Act shall enter into force on 1 January 2017.
THEY 279/2014 , StVM 46/2014, EV 305/2014
