The financial position of the pension fund is good enough at the end of 2019 to partly increase pensions (indexation). The pensions are increased by 0.93%, less than the increause of 1.73% of the prices.
When indexing pensions, the fund must comply with legal rules. The pension fund may partially index if the policy funding ratio is higher than 110% and may fully index from a policy funding ratio of approximately 125%. Our funding ratio at the end of November was 114.5%.