There are several ways to receive the different parts of the pension and often you as an individual who must apply to how and when you want to use your pension. You can start to withdraw all or part of your pension from the age of 61.
In simple terms the pension system can be depicted as a pyramid. The base is the national pension scheme which is administered by the Pensionsmyndigheten (the Pensions Agency).
Most people that work also have a collective occupational pension from their employer. If you have worked for the State, you will receive a state occupational pension. During their working life many people have also worked in the private sector, municipalities or county councils. If this is the case, you may receive an occupational retirement pension even for the time you worked for the above employers.
Some people also have their own private savings. Your pension money is all added together and becomes your total retirement pension.
Questions about retirement
If you have questions on or before your retirement age, contact the National Pensions Board (SPV) in charge of KI's pension administration.
Phone: 060-18 76 00 or e-mail email@example.com
National Pension Board (SPV) can help you with guidance relating to your retirement as well as help with your application. If you do not contact the SPV, you are automatically contacted seven months before your 65th birthday.
The Swedish Public Pension consists of income, premium and guarantee pensions. Throughout your life – while working, studying, doing military service or caring for children – you are saving for your public pension.
The ceiling for your pensionable income, 7.5 times the (index-regulated) income base amount, is taken into consideration when calculating your retirement benefits. Pensionable income is the same as taxable income with a deduction for the public pension fee.
At the age of 61 you can begin to draw 25, 50, 75 or 100 percent of your public pension.
The Swedish Pensions Agency (Pensionsmyndigheten) would like to receive your application for public pension a couple of months prior to the date you intend to begin drawing your pension. You can be granted your pension as of the month the Pensions Agency receives your application form.
For more information, visit the Swedish Pensions Agency.
Contractual pension for public employees
Public employees receive a government pension from the National Government Employees Pensions Board (SPV) and Kåpan Pensioner Försäkring (KPF).
The retirement age for public employees is 65 and is reached the last day of the calendar month prior to your 65th birthday.
“An employee has the right, though is not obliged, to remain employed until the end of the month she or he turns 67 years of age.”
Pension administrators will send documents needed to apply for your pension approximately 8 months before you reach retirement age. Should you plan to remain employed, inform pension administrators as well as your administrative manager or department head well in advance.
In accordance with transitional provisions, some personnel categories may begin to draw their pension before the age of 65:
“Persons who were employed 1 April 1991 and were 28 years of age on 31 December 1991 and who in the course of their employment, in accordance with the previous pension agreement, had a lower retirement period or retirement age than 65 and continue to work for the same authority or equivalent, are eligible for retirement at the lower limit of the previous retirement period or the lower retirement age.”
Some of the relevant categories at KI:
60 years of age
- animal keepers
- laboratory assistants
63 years of age
- laboratory assistants
- dental assistants/nurses
Partial pensions have existed as an opportunity, but not a right, in the government sector since 2003. These guidelines are intended for employees born before 1988 who are covered by PA 16 Section II and thereby the partial pension agreement.
The purpose of the partial pension agreement is to enable the employer, under the terms of the agreement, to give older employees better opportunities to continue to work up to normal retirement age. Fewer early retirements among other things make it easier to transfer competence in conjunction with a generational shift.
As in all other operational decisions, in decisions on partial retirement the employer’s primary consideration has to be the needs of the organisation and its financial prerequisites. In making a decision on partial retirement, account has to be taken of the prerequisites of the organisation, including both financial scope and the employee’s situation. The partial pension agreement assumes that decisions on partial pensions are made after individual assessment.
The agreement on partial pensions for government employees, Circular 2003: A 4, 2003-11-12, and comments on the partial pension agreement can be found on The Swedish Agency for Government Employers website, www.arbetsgivarverket.se.
Occupational pension PA 91
PA 91 is an old pension agreement. Employees who were born before 1943 are covered by this agreeement. Also employees who received sickness benefits Dec. 31 2002 are covered byt this agreement.
Employees who were born before 1943 are covered totally by the pension agreement PA 91. The pension is 10 % of the pensionable income up to 7.5 index-regulated basic amounts, 65 % between 7.5 and 20 and 32.5 % between 20 and 30 basic amounts.
Employees, regardless of age, who received sickness benefits Dec. 31 2002 are covered by this agreement until benefits cease.
|Pensionable wages||KÅPAN (from age 28)||Defined benefit pension (from age 28)|
|7.5 FPBB*||1.5 % of wages||10 % of pensionable income|
|7.5-20 FPBB*||1.5 % of wages||65 % of pensionable income|
|20-30 FPBB*||1.5 % of wages||32.5 % of pensionable income|
*FPBB = index-regulated basic amount
Occupational pension PA 16 (replaces the previous agreement PA 03)
As of January 2016 a new pension agreement, PA16 is in place. This agreement replaces the previous pension agreement PA 03.
All government employees, born in 1943 or later are covered by a pension agreement (PA 16). This pension agreement includes old age-, survivors- and disability pension. For those born in 1942 or earlier are covered by PA 91.
The new agreement contains two sections:
- Title I apply for those born in 1988 and later.
- Title II contains the retirement provisions previously contained in PA03. Title II applies for those born in 1987 and earlier.
For more information, please visit www.spv.se.
As a government employee, you can also save in the private pension plan Kåpan Plus.
Survivor's pension and life insurance
SPV administers occupational group life insurance and survivor's pension.
Occupational group life insurance
The insurance provides financial protection for the insured party's husband, wife, registered partner, cohabitant and child. If the insured party's husband, wife, registered partner or cohabitant dies and does not have their own occupational group life insurance, the insurance also provides certain protection for the insured party.
Benefits which can be issued in accordance with occupational group life insurance are:
- Funeral grant
- Base amount
- Child allowance
If the recipient of benefits dies, the right to survivor's pension (family pension) is under certain circumstances granted to the husband, wife, registered partner, cohabitant or child under the age of 20.
The compensation is paid out either for a limited period or for the rest of the recipient's life as a monthly amount.
If you fall ill and receive disability pension or activity compensation from the Swedish Social Insurance Agency, you may have the right to a disability pension via PA 16.
The size of the disability pension depends on your pension base and the scope of the sickness compensation. The number of years you have worked has no bearing on this.
If you have discontinued your employment and are ill, you may have the right to disability pension as there is a post-cover in PA 16.