NWG // FINANCIAL INFORMATION // THE PARENT COMPANY
SEK million
2020 Salaries and other remuneration
Of which bonus
Pension costs
2019 Salaries and other remuneration
Of which bonus
Pension costs
Torsten Jansson , CEO |
0.7 |
0.0 |
0.3 |
0.9 |
0.0 |
0.3 |
Olof Persson , Chairman of the Board |
0.4 |
0.0 |
0.0 |
0.4 |
0.0 |
0.0 |
Christina Bellander , Board Member |
0.2 |
0.0 |
0.0 |
0.2 |
0.0 |
0.0 |
Mats Årjes , Board Member |
0.2 |
0.0 |
0.0 |
0.2 |
0.0 |
0.0 |
M . Johan Widerberg , Board Member |
0.2 |
0.0 |
0.0 |
0.2 |
0.0 |
0.0 |
Jonas Eriksson , Board Member |
0.2 |
0.0 |
0.0 |
0.1 |
0.0 |
0.0 |
Magdalena Forsberg , Board Member |
0.2 |
0.0 |
0.0 |
0.1 |
0.0 |
0.0 |
Other senior executives * |
4.0 |
0.2 |
1.6 |
5.0 |
0.3 |
1.9 |
Total |
6.1 |
0.2 |
1.9 |
7.1 |
0.3 |
2.2 |
* See pages 54-55 .
Warrants
The Parent company has no outstanding warrants .
Pension obligations
For white-collar employees in Sweden the ITP 2-plan ' s defined benefit pension obligations for retirement- and family pensions ( or family pension ) are secured through insurance in Alecta . According to a statement from the Swedish Financial Reporting Board , UFR 10 Accounting for pension plan ITP 2 financed by insurance in Alecta , this is a defined benefit plan that covers several employers . For financial year 2020 the company has not had access to information in order to account for its proportionate share of the plan ' s obligations , plan assets and costs which meant that the plan has not been possible to account for as a defined benefit plan . The pension plan ITP 2 secured through insurance with Alecta is therefore recognized as a defined contribution plan . The premium for the defined benefit retirement and family pension is individually calculated and is dependent on factors including salary , previously earned pension and expected remaining period of service . Expected premiums for 2021 amount to SEK 2.7 ( 2.4 ) million .
The collective funding level is the market value of Alecta ’ s assets in percent of the commitments calculated in accordance with Alecta ´ s calculation assumptions for insurance purposes , which do not comply with IAS19 . The collective consolidation level is normally allowed to vary between 125 % and 155 %. If Alecta ’ s consolidation level fall below 125 % or exceed 155 % measures should be taken in order to create conditions to reestablish the consolidation level to the normal range . At low consolidation , a measure can be to raise the agreed price for new agreements . At high consolidation , a measure can be to introduce premium reductions . Alecta ’ s collective funding ratio at the end of the year was 148 % ( 148 %).
ANNUAL REPORT // 113