Kalmar is locking in SEK 1 billion for future generations 

The idea is that just over SEK 1 billion will be deposited in a future account, which will be managed on a long-term basis. 

- The money will not go to operation, but is intended for future generations and can be used for climate measures, for example, says Johan Persson (S), chairman of the municipal board in Kalmar.

Forever

Formally, it is not possible to lock in the money, but the solution is based on a majority in the municipal council thinking it is a good idea. 

- Our idea is a real and long-term capital, which is not eroded over time.

We hope we get broad support for this, says Johan Persson. 

How long do you want to lock the money? 

- My input is management forever, where you do not take off the capital, but only part of the interest, says Johan Persson.

Should pain to withdraw money

He does not know that there are solutions like this elsewhere in the country.

And after the municipality pays off pension debts, money will be secured for future generations.

How will you manage to keep politicians from starting to use the money anyway?

- You can never guarantee that.

But it will hurt and hurt if you put this type of resources into continuous operation, because the idea is that future generations will be able to use parts of the return.

We have a proposal that if you are to withdraw part of the money, a two-thirds majority must be required, says Johan Persson.

On 28 February, the City Council formally decides on the sale of KIFAB.