Transfer of e10.7bn from AP funds aborted to secure pension system stability

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SWEDEN - The transfer of around 100bn SEK (e10.7bn) from the AP funds to the Swedish national budget has been cancelled in order to secure the financial stability of the Swedish national pension system.

The AP funds have already transferred 275bn SEK (e27.8bn) to the public treasury as compensation for the effects of the pension reform introduced in 1999. But the Swedish government has now, as ...

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