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Outcry Over Pension Fund Bonuses

Published torsdag 5 mars 2009 kl 12.44
The CEO of the AP3 Pension Fund, Kerstin Hessius, received a 55,000 dollar bonus

With the current economic downturn, there’s been increasing criticism of large bonuses paid to bosses whose companies have been losing money.

Now the focus in Sweden switched from extra payments in the private sector to those in state-owned companies.

This follows revelations that state-owned pension funds, despite large losses, have also granted huge bonuses to their top level staff.

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