Swedish pension provider AMF has distributed SEK 230m to 1.3 million pension savers.

The share of money has been given to those with traditional insurance without repayment protection in the SAF-LO agreement area and concerns savers born between 1950 and 1979.

“AMF is a mutual company, which means that all profits eventually go back to our savers and their pensions. Profits or surpluses can arise in various ways, and this time the background is that the so-called inheritance gains have been larger than expected for customers with traditional insurance in the SAF-LO agreement area,” AMF chief actuary, Roland Kristen, explained.

Inheritance gains are money from deceased customers who have insurance without repayment coverage. The surplus is distributed among customers who also do not have repayment coverage.

The size of the allocation for the customers concerned depends, among other things, on age – from an average of just over SEK 100 for the youngest to around SEK 320 for the oldest. The amount is added to the existing pension capital.

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