Pension Triangle
Sweden may have high taxes, but Sweden also has a very good pension system for employees. Allmäns pension is a government-controlled pension. Everyone in Sweden who is working, getting a salary, and paying income taxes gets this mandatory pension. It’s 18.5% of Max salary* Kr gross salary before taxes per month. (*Based on 7.5 income […]
Repayment Protection – Occupation Pension
What is Repayment Protection (Återbetalningskydd) in Occupation (Tjänstepension)? 1) If you activate repayment protection, your spouse (based on Swedish inheritance law) will get your occupation pension. 2) If you haven’t chosen repayment protection, your pension capital will be distributed as inheritance gain to other pensioners who haven’t chosen repayment protection. 3) If you activate […]
Withdraw of Occupation Pension
You can buyback (withdraw) your occupation pension (Tjänstepension ) in Sweden anytime but it needs to meet a certain condition 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) Your Pension company and Pension agreements need to […]
