Successful launch of new pension fund for 56,000 hospital employees in the Oslo region

Wikborg Rein has assisted Helse Sør Øst in establishing a new pension fund for 56.000 employees and pensioners of five health enterprises in the Oslo region.

The new pension fund was created by a simultaneous demerger of Akershus Fylkeskommunale Pensjonskasse, a merger of Vestre Viken Pensjonskasse as well as transfers of pension schemes  1 January 2014. The transactions are the first of their kind to be carried out in the Norwegian market and have raised complex questions of financial regulatory, company, tax, public procurement,   competition and data protection law.

The Wikborg Rein team has been lead by Cecilie Kvalheim as partner in charge with assistance from Tom B. Trondsen, Anders Myklebust, Rolf Riisnæs, Alf Amund Gulsvik, Filip Truyen, Simen Smeby Lium, Jan L. Backer, Øyvind Andersen, Jonn Ola Sørensen and Line Ravlo Losvik.