Technical surplus

The stipulated technical surplus is a target for the expected result of investment and constitutes a material factor for the calculation of the volatility reserve. An return from investments in the amount of the technical surplus should be achieved for the IRG to fulfil the proposed increases in benefits. If the technical surplus is exceeded in an investment year, the amount exceeding the investment income will be allocated to the volatility reserve. In those years where the technical surplus is not achieved, the shortfall is made up from the volatility reserve.