Swedish pension surplus falls by Skr 49bn

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SWEDEN - The surplus in the pensions system has fallen to Skr 9bn (e983m) in 2004 from Skr 58bn in 2003, according to Swedish National Social Insurance Board's annual report.

The dip in surplus has affected the balance ratio which fell to 1.0014 in 2004 from 1.01 in the previous year. Gudrun Ehnsson, staff adviser at the board, said that a balance ratio of 1.0014 w...

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