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Fsa Announcement (2016:1021) Amending Certain Annuities

Original Language Title: Finansinspektionens tillkännagivande (2016:1021) om ändring av vissa skadelivräntor

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The Swedish financial supervisory authority decides, pursuant to article 2 of the Decree (1967:667) with detailed rules for the application of the law (1967:663) if added to some traffic annuities and section 2 of the Regulation (2003:832) if value hedge of certain compensation annuities, amending certain annuities as follows.



1. Annuity prompted by an event that occurred before January 1, 1974:



a) Index additions to traffic annuity established before 1 January 2016 starts with 0.67%. Index additions to traffic annuity determined in 2016 is 1.12% (cf. SFS 1967:663).



b) Index supplement to injury annuity established before 1 January 2016 and paid for with Government funds starts with 0.67%. Index additions to the annuity determined in 2016 is 1.12% (cf. SFS 1971:14).



c) Index extensions to other liability annuity than the one described in 1(a) and (b) which has been established between 1 January 2004 and 31 december 2015 starts with 0.67%.

Index annuity supplement to liability set in 2016 is 1.12% (cf. SFS 1973:214).



2. Annuities prompted by an event which occurred after december 31, 1973 and, on the other hand, has been established on 1 January 2004 or later:



a) Injury annuity under the Act (1973:213) amending the tort annuities increased by 1.12%.



b) those mentioned in 2(a) shall according to section 9 of the traffic damage Act (1975:1410) also apply when it comes to trafikskade for consideration.



The decision applies from 1 January 2017.



Miscellaneous



The FSA provide the following information.



– Index Appendix shall not assume responsibility for any other annuity than those parts specified in 1(a) and (b) of the decision and, on the other hand, have established before 1 January 2004 (cf. SFS 1973:214).



– For annuities prompted by an event which occurred after december 31, 1973, on the other hand has been established before 1 January 2004:



a) Injury annuity under the Act (1973:213) amending the tort annuities is left unchanged. The same applies to annuities under the same law established by judgment on January 1, 2004 or later, if the judgment at first instance has given before 1 January 2004.



b) that referred to in point (a) is in accordance with § 9 traffic damage Act (1975:1410) also apply when it comes to trafikskade for consideration.