At the same time roll rushed to inform the new calculations show that the money is in the buffers b

Finnish pension system is currently closed 147 billion in investment assets. Pension in the field of decision-making takes place, however, from the public in the dark. Now, was taken to the SME entrepreneurs billion. Jari gloves to figure out how the pension rumba rotates.
Pension in legislative differs from many other fields. One of the specialties of the system is the pension companies' union Finnish Pension Alliance TELA's strong position. Track notify the basic task of "employee pension system strengthening" and "industry environment influence". In practice, the roll through pension companies can dictate crafts with toilet paper rolls the decisions themselves.
Laskuperustejaos roller crafts with toilet paper rolls is set by the working group, which consists of representatives from all pension companies and the Finnish Centre for Pensions and Social Affairs and Health (STM). The Working Group makes annual contributions to the magnitude of the proposal STM, which can only accept or reject the proposal.
This is a significant public controlling entity that is not an official control circuit. Unlike other legislation, the pension is done in the field of legislative crafts with toilet paper rolls pension companies and labor market organizations cable. Ministry's officials are only experts in these groups.
Let's take an example. Last spring, the public debate crafts with toilet paper rolls rose to the pension insurance companies from SMEs during the years of excess fees charged by the disability. The fees are collected in a buffer, which prepares for the annual variation in spending. Buffer has accumulated up to 1.5 billion euros. Extra for it is estimated that more than a billion euros. Among other things, Federation of Finnish Enterprises have demanded too much money inherited the return of businesses.
In the spring of parliament adopted a new law on capital adequacy. The Act has too many inherited disability premiums to the beginning of 2013 the pension capital for companies. Although the disability money still used disability costs, so in the future crafts with toilet paper rolls in these overpaid money boom and bust of the pension companies' solvency.
Capital adequacy is a key indicator of pension companies in operation. Capital adequacy must be sufficiently high level, crafts with toilet paper rolls so that the pension companies may, for example, paid by the customer credits for large companies. Solvency also affects how much pension funds can invest in high-risk investments. Now SMEs overpaid money can be justified, as well as the loyalty award credits to large companies and high-risk investments.
In Parliament, the solvency law did not go quite throwing through. Excessive crafts with toilet paper rolls Debt led to public commotion, the outcome of which was skinny. The Commerce Committee and the Health and Social Committee called for roller laskuperustejaoksen investigating the course of this year how much money will be refunded the amounts. In addition, the True Finns made representations proposed law to prepare completely re-center and, in turn, required the roller crucial how the money will be returned to the right in accordance with the SMEs.
"(The Act), the explanatory memorandum has been found that this matter will be investigated and followed up during crafts with toilet paper rolls the autumn. Sit it was a statement which required a thing or two. Anyone who has been in Parliament, so be aware of that argument is the care of souls", Siimes says.
Who are these billions crafts with toilet paper rolls then decide? Roller set laskuperustejaos crafts with toilet paper rolls subgroup to which to draw up a disability monies of the Restoration. Ministry's official Mikko Kuusela sitting in the working group as the sole authority. I asked him to tell who else is sitting in a working group led by such large sums of money.
"Yes, we (STM) was the kind of interpretation that it is not our thing these names public. It belongs there Pension roll Association. They have the names of the publication of this decision," Kuusela replied.
"Laskuperustejaoksen actuaries in insurance mathematics specialists, who would like to just focus on their own work and their calculations. They do not want to be put up in public or on stage, and the protection of this work, we therefore want to give them."
In the autumn of disability payments rose into the labor market organizations controversy. In November, the organizations indicated that they had reached agreement on disability payments for a refund even if the SAK Authority swept the returns received. Concordance turned out to be non-existent. Federation of Finnish Enterprises, the SMEs will receive priority in payment of a reduction of more than billion, only EUR 60 million. It is a fraction of the sum that SMEs would.
At the same time roll rushed to inform the new calculations show that the money is in the buffers between crafts with toilet paper rolls large and small right amount. SMEs need in the future do not expect any special refunds.
"Recent statements referring to the roll" infamous "laskuperustejaoksen currently crafts with toilet paper rolls working on a new equalization provision in the report background calculations. It is still in progress crafts with toilet paper rolls and will be completed next year, the end of May," Roll Director of Communications Si