Page 4 - Seafarers---_Pension_Fund_Annual_Report_2021

Annual Report of the Board Report by the Board of
Directors for the Year 2021
Seafarers’ Pension Fund 2021 Annual Report
Key Figures 2021 2020
Paid pensions and benefits
1,056.6 992.1
MEUR 687.7 564.9
180 157 158 161 163.5 163.7 Technical provisions MEUR 3.23 3.22
150 Solvency capital MEUR
120 – in relation to the solvency limit, % 1,411.7 1,250.9
90 Pension assets 194.4 182.0
60 – in relation to technical provisions, %
30
Seafarers’ Pension Fund in 2021
0
2017 208 2019 2020 2021 EUR million (2020 in parenthesis)

MEL pension expenditure, % Shipowners Navigation

7.4 31 (32) Insured persons
5.7
5,709 (6,363)
86.9
Old-age pensions Payroll
Unemployment pensions
Survivors’ pensions 211.0 (206.2)

4 Employer contributions Employee contributions

24.0 (23.3) 16.0 (15.9)

State Seafarers’ Investment
Pension Fund activities
State share Net
Total investment
57.1 (61.1) operating costs return

5.4 (6.0) 201.2 (73.8)
16.2 % (6.2%)

Paid pensions and
other benefits

163.7 (163.5)

Pension recipients

8,001 (8,122)