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 repayment protection, you will lose the inheritance gain from the above point 2. (At a younger age, only a few people die, hence the inheritance gain will be low.)

As an Engineer,

I like flowcharts, and I have drawn the below flowchart for Repayment Protection options.

(I have chosen Repayment protection, as I think safety of my family is more important, I am happy that my earned pension goes to my family.)

Based on the Poll in LinkedIn: 79% people have no idea what is Repayment Protection