Every year, thousands of people retire after a long and often meaningful working life.
Once you retire, your income consists of pension payments instead of salary. The pension is then made up of several different parts.
First of all, you have the general pension, which everyone who has worked or lived in Sweden is entitled to.
After that, you have an occupational pension if your employer set it aside during employment. Municipalities, regions and government works always have an occupational pension, so do many companies. However, it is not as obvious with private companies.
Finally, there is your own pension savings, if you have had such a thing. You control that part yourself and are responsible for the provision being made via either the bank or an insurance company.
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Photo: Helena Landstedt/TT
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Many people miss out on pension money
News24 have previously reported on a common mistake many newly retired people make. Namely, it is not entirely unusual to miss that there is an earned occupational pension, especially a state pension.
Unlike most other occupational pensions, which are usually paid at a specific age, you have to apply for it yourself. And this is precisely where many lose money.
– It is complicated and there are different rules for different contract areas and different ages when it comes to earnings. It’s a bit messy, ha Christina Lindhcommunicator at the State’s Occupational Pensions Agency previously told Sveriges Radio.
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The pension is recalculated in 2025
As the pension is made up of several parts, it is therefore both an advantage and also important to keep an eye on the parts.
A change that is imminent concerns pension payments in 2025.
The Swedish Pensions Authority has gone out and informed everyone who receives a pension that you may receive a new monthly amount, which you should keep an eye on.
They state that both the general and guarantee pension will increase in 2025.
“Each turn of the year, the public pension is recalculated and you receive a new monthly amount. The income pension will increase by 4.0 percent in January 2025. The guarantee pension follows the price trend and will increase by 2.6 percent,” they write on their homepage.
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Photo: Pontus Lundahl/TT Then you know if you will get more or less in pension
In order to find out if and how you are affected by a new amount in pension payment, you can from 1 January 2025 log in to “My Pages” on the Pension Authority’s website to be updated.
Should you forget this, you can sit quietly in the boat as from mid-January, orange envelopes will be sent out in which you will receive your annual report for the coming year.
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Photo: Magnus Glans/PPM/TT
But why is the national pension recalculated every year?
The Pensions Authority makes it clear that this happens every year because you can have different amounts in the different pension parts.
“The different parts of the general pension are affected by different factors. Since you can have different amounts of income and supplementary pension, guarantee pension and premium pension, it is different how the pension will be after the turn of the year”.
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