08 janúar 2018Ministry of Finance and Economic Affairs
Treasury reduces pension liabilities by ISK 19 bn
The Ministry of Finance and Economic Affairs confirmed today that an agreement had been reached with the Pension Fund for State Employees (LSR) concerning a transfer of ISK 19 bn in assets that were part of the failed financial institutions’ stability contributions. The transfer is based on an authorisation in the fiscal budget supplement for 2017, passed by Parliament on 30 December 2017.