section 1 Retirement Pension agency activities shall be under the
supervision of the Swedish financial supervisory authority.
In this law, there are certain provisions for Pension Agency
application of insurance business and accounting rules. In
the law also has provisions on the detailed content of the
The Swedish financial supervisory authority over the Agency. The basic
the provisions of the pension Agency's data, see
the social security code. Law (2010:1272).
Rules for pension activities
2 §/expires U: 2016-01-01/
The following provisions of Chapter 5, 6 and 8.
the insurance business Act (2010:2043) shall apply to
The pension Agency's funded activities:
-Chapter 5. 1, 2 and 9 sections on technical
provisions,
-Chapter 5. 4-6 sections on calculating
provisions for life insurance,
-Chapter 6. 1-20 and 27-30 sections on placement of
assets covering insurance technical
provisions,
-Chapter 6. 32 section on the use of stock options and
similar financial instruments, and
-Chapter 8. 1-3 of about technical guidelines
and bases.
For the purposes of the provisions referred to in
the first subparagraph shall be considered as a
life insurance companies. What is said about
subsidiaries in Chapter 6. 4 §
insurance law should refer to companies in which
the State has such an influence that is specified in the
Chapter 1. paragraph 4 of the first, second or third subparagraph
annual accounts Act (1995:1554), if the Agency
represent the State as owner. Law (2010:2061).
2 section/entry into force: 01/01/2016
The following provisions of the insurance business law
(2010:2043), in the wording on december 31, 2015, to apply to
The pension Agency's funded activities:
– Chapter 5. 1, 2 and 9 sections on technical provisions,
– Chapter 5. 4-6 sections on the calculation of life assurance provisions,
– Chapter 6. 1-20 and 27-30 sections on investment of assets
corresponds to the technical provisions,
– Chapter 6. 32 section on the use of stock options and the like
financial instruments, and
– Chapter 8. 1-3 paragraphs of technical guidelines and
the calculation basis.
For the purposes of the provisions referred to in the first
subparagraph shall be regarded as a life insurance company.
What is said about subsidiaries in Chapter 6. 4 §
Insurance Act, in the wording on 31 december 2015, the
refer to companies in which the State has such an influence that
specified in Chapter 1. paragraph 4 of the first, second or third subparagraph
annual accounts Act (1995:1554), if the Agency is representing
the State as an owner. Law (2015:715).
paragraph 3 of the Pension authority shall not acquire as many shares in
a Swedish limited liability company, whose shares are admitted to trading
on a regulated market or an equivalent market outside the
The European economic area, to voting rights for
them together with the Agency's other shares in the same company
exceed five percent of the votes for all the shares in
the company. Law (2009:999).
section 4 of the Surplus that occurs in the pension Agency's
funded activities will be applied to pension savers in
the form of bonuses. Surplus funds may be used only
If it can be done without compromising the Agency's ability
to pay the premium pensions that pension savers have
the right to. The surplus funds are to be used at a rate that
promote a smooth development of premiepensionerna over time.
The distribution of dividends between pension savers should
be made taking into account the extent to which the funds
managed on behalf of each pensionssparares has contributed
the emergence of surpluses. Law (2009:999).
Accounting
§ 5/expires U: 2016-01-01/
In the pension Agency's annual report, a special
accounting for pension activities included. For this
report, the following provisions of the Act (1995:1560) if
annual report of insurance company shall apply.
-Chapter 1. 2 § if references to the annual accounts Act
(1995:1554),
-Chapter 1. 3 § if some definitions,
-Chapter 2. § 1 if obligation to bring in a profit analysis in
the annual report,
-Chapter 2. section 2 of the annual report content, etc. when it comes to
references to the provisions in Chapter 2. 1-6 sections
the annual accounts Act,
-Chapter 3. on the balance sheet and income statement,
-Chapter 4, section 1 if the valuation rules with regard to the references
to the provisions of Chapter 4. 14 a-section 15 § the Swedish annual accounts Act,
-Chapter 4 2 § 11-13 on how valuation rules to apply to
an insurance company assets,
-Chapter 4 4-9 §§ If valuation rules,
-Chapter 5. § 1 if additional information with the exception of
references to Chapter 5. 1-4 sections, section 5 and section 16-25
the annual accounts Act,
-Chapter 5. 2-6 paragraphs of additional information,
-Chapter 6. If the annual reports and performance analysis, and
-10 Cape. section 1 of the appeal of the FSA's decision.
If the authority representing the State as the owner of one or more
companies in which the State has such an influence that is specified in the
Chapter 1. paragraph 4 of the first, second or third subparagraph
annual accounts Act (1995:1554), the authority shall also establish
consolidated financial statements with the application of the provisions on
such a report in Chapter 7. 2-4 of the Swedish annual accounts Act for
insurance companies.
For the purposes of the provisions referred to in the first and
second subparagraphs, it shall be regarded as a
life insurance companies. The associates shall relate to
companies in which the State has such an influence which is specified in 1
Cape. paragraph 5 of the Swedish annual accounts Act, regarding the authority representing the State
as the owner. What is being said about the company's Executive Director
should refer to the Agency's Director. Law (2010:2061).
§ 5/entry into force: 01/01/2016
In the pension Agency's annual report, a special report for funded activities included. For this report, the following provisions of the Act (1995:1560) on the annual accounts of insurance undertakings apply.
– Chapter 1 2 § if references to annual accounts Act (1995:1554),
– Chapter 1 3 § if some definitions,
– Chapter 2. § 1 if obligation to bring in a profit analysis in the annual report,
– Chapter 2. section 2 of the annual report content, etc. with regard to the references to the provisions in Chapter 2. 1-6 of the annual accounts Act,
– Chapter 3. on the balance sheet and income statement,
— Chapter 4. section 1 if the valuation rules with regard to the references to the provisions in Chapter 4. 14 (a) and 15 (a) of the annual accounts Act,
— Chapter 4. 2 section 11 – 14 on how the valuation rules to be applied to an insurance company assets,
— Chapter 4. 4 – 9, §§ if valuation rules,
– Chapter 5. 1 section of notes, etc. with the exception of the references to Chapter 5. 3, 4, 8, 11, 12, 20, 25, 36 to 44 and 48 of the Swedish annual accounts Act,
– Chapter 5. 2-6 sections of notes, etc.,
– Chapter 6. If the annual reports and performance analysis, and
-10 Cape. section 1 of the appeal of the FSA's decision.
If the authority representing the State as the owner of one or more companies, in which the State has such an influence as specified in Chapter 1. paragraph 4 of the first, second or third subparagraph annual accounts Act (1995:1554), the authority shall also draw up consolidated financial statements pursuant to the provisions of such report in Chapter 7. 2-4 of the law on annual accounts of insurance undertakings.
For the purposes of the provisions referred to in the first and second subparagraphs shall be considered as a life insurance company. What is said about the associates and jointly controlled entities should refer to companies in which the State has such an influence as specified in Chapter 1. 5 and 5 a of the Swedish annual accounts Act, regarding the authority representing the State as owner. What is being said about the company's Executive Director shall refer to the Authority's Executive Director. Law (2015:820).
section 6 of the special accounts of the
funded activities will be submitted to the financial supervision authority
as soon as it can be, and at the latest within six months from the
the end of the calendar year. Law (2009:999).
Information
section 7 of the Pension authority shall ensure that pension savers,
access to the information they need to take to be
its right in the premium pension system. Law (2009:999).
Actuary
section 8/expires U: 2016-01-01/
The provisions of Chapter 5. section 14 of the insurance business law
(2010:2043) if the actuary in insurance companies that notify
life insurance, and regulations that have been issued with the support of
Chapter 5. 17 paragraph 2, shall apply to
The pension Agency's pension business.
For the purposes of the provisions and rules set out
in the first paragraph, what is said about the Executive Director
refer to the Agency's Director. Law (2010:2061).
section 8/entry into force: 01/01/2016
The provisions of Chapter 5. section 14 of the insurance business law
(2010:2043), in the wording on 31 december 2015, if the actuary in
the insurance company will notify the life insurance, and
regulations issued on the basis of Chapter 5. section 17 of the first
paragraph 2, the wording on december 31, 2015, to apply to
The pension Agency's pension business.
For the purposes of the provisions and regulations
specified in the first paragraph, what is said about Executive
the Director shall refer to the Authority's Executive Director. Law (2015:715).
9 repealed by law (2002:1036).
The contents of the Swedish financial supervisory authority, etc.
section 10/expires U: 2016-01-01/
The following provisions of the insurance business law
(2010:2043) to apply for supervision over
The pension Agency's funded activities:
-Chapter 14. § 5 If the obligation for the Board of Directors and certain
executives to provide information to the inspection;
-Chapter 14. section 6, second paragraph, on the obligation of the Board of Directors and
the Executive Director to keep the insurance company
accounting materials etc available for preview,
-Chapter 14. section 7 if the obligation for some other people to leave
information, etc. to the inspection;
-Chapter 14. section 13, if the right of inspection to convene a
the insurance company's Board of Directors,
-Chapter 14. section 16 if the fees to pay for supervision
activities,
-16 Cape. 1, 2 and 12 sections on the right for the Inspectorate to intervene,
and
-Chapter 17. 1 and 3, § § on the appeal of the Inspectorate's decision.
For the purposes of the provisions referred to in the first subparagraph
the authority shall be deemed to be an insurance company. What is being said
If the insurance company's Chief Executive Officer should refer to
the Agency's Director. Law (2010:2061).
section 10/entry into force: 01/01/2016
The following provisions of the insurance business law
(2010:2043), in the wording on december 31, 2015, to apply to
The Swedish financial supervisory authority over pension Agency
funded activities:
— Chapter 14. § 5 If the obligation for the Board of Directors and certain
executives to provide information to the inspection;
— Chapter 14. section 6, second paragraph, on the obligation of the Board of Directors and
the Executive Director to keep the insurance company
accounting materials etc available for preview,
— Chapter 14. 7 § on the obligation of certain other persons to
provide information, etc. to the inspection;
— Chapter 14. section 13, if the right of inspection to convene a
the insurance company's Board of Directors,
— Chapter 14. section 16 if the fees to pay for supervision
activities,
-16 Cape. 1, 2 and 12 of the though the right of inspection to
intervene, and
— Chapter 17. 1 and 3, § § on the appeal of the Inspectorate's decision.
For the purposes of the provisions referred to in the first
subparagraph shall be considered as an insurance company. What
that said, if the insurance company's Chief Executive Officer,
refer to the Agency's Director. Law (2015:715).
section 11 of the Government or the authority, as the Government determines
may provide for derogations and exemptions in the individual
the case of the provisions referred to in paragraph 2 of the first subparagraph, and
paragraph 5 of the first and second subparagraphs. Law (1999:1308).
Transitional provisions
2015:820
1. this law shall enter into force on the 1 January 2016.
2. The law shall apply for the first time for the financial years beginning after december 31, 2015.
