2008

2007

2006

2005

2004

Pensions

Members (numbers)

Active pension scheme members

8,592

8,510

8,101

8,719

10,933

Active pre-pension scheme members

327

450

517

754

7,581

Members of available contribution scheme

7,255

7,405

7,337

5,591

-

Members of voluntary pension saving

325

287

242

-

-

Pensioners

14,711

14,586

14,485

14,407

14,331

Incapacitated members

478

514

542

597

694

Deferred members

8,514

9,795

10,098

11,695

11,984

Total number of members

40,202

41,547

41,322

41,763

45,523

Contributions and benefits

Contributions

65

124

92

70

116

Benefits

211

203

192

177

172

Investments

Invested assets

Equities

1,134

1,918

2,112

2,144

1,839

Fixed-income securities

1,744

1,944

1,754

1,770

1,886

Property

106

196

298

266

282

Alternative investments

349

488

397

266

252

Inflation-linked Bonds

760

651

660

672

562

Other investments

1

30

-28

-29

24

Cash instruments

25

33

124

99

3

Total invested assets

4,119

5,260

5,317

5,188

4,848

Return on investment (%)

Portfolio

-18,8%

1,5%

5,4%

15,6%

10,5%

Benchmark

-15,8%

1,3%

5,8%

14,9%

9,2%

Investment result

Direct

152

140

142

137

145

Indirect

-1,122

-55

140

561

314

Financial position

Pension fund assets (excl Early Retirement)

4,081

5,213

5,177

5,043

4,792

Pension Fund Liabilities

4,156

3,585

3,685

3,669

3,635

incl:

Available contribution

274

262

234

180

-

Voluntary pension saving

4

3

1

-

-

Early Retirement provision

13

18

23

30

36

Pension Fund Reserve

-62

1,646

1,515

1,374

1,157

PDN Funding level (%)

98%

150%

147%

142%

136%

Actuarial interest rate used

3.6%

4.8%

4.2%

3.7%

4.0%