Accounting of pension liabilities

Retirement pensions in ITP can be financed and secured in two ways. Either your company takes responsibility for your retirement pension by entering your pension obligation as a liability, or your company will buy the insurance with Alecta.

If your company chooses to individually manage the pension obligation, a pension liability will be reported in the balance sheet. The total pension liability should, at all times, be the equivalent of the current value of the pension obligation.
The pension liability should be accounted for as a provision in the balance sheet.

If your company chooses to enter the obligations as a liability, the company has to subscribe to our credit insurance.