Withdraw of Occupation Pension

You can buyback (withdraw) your occupation pension (Tjänstepension ) in Sweden anytime but it needs to meet a certain condition

  1. Total amount in that particular pension fund shall be less than 1 PBB ( Year 2024 it’s 57 300 Kr & year 2025 its 58 800 Kr)
  2. Your Pension company and Pension agreements need to approve it (ITP Pension agreement doesn’t allow to withdraw )
  3. Remember the owner (Policyholder) of this pension is NOT you, it’s your employer who paid this money 😊

This shall be helpful to many expats who move to Sweden for a shorter time and have a small amount of occupational pension in Sweden

or

For people who have an extra pension or Lönevaxling which is outside ITP1 , can also be withdrawn if the eligibility criteria are satisfied.

Annamalai Ramanathan | Financial Educator

I create awareness on personal finance topics to European Indian NRI and Swedish expats by empowering them to have control over their finances and a fulfilling life with happier relationship with money

JOIN THE NEWSLETTER

Stay in touch with us.