Pension system in Sweden

Last updated 4/14/2023
When you work in Sweden, you earn a Swedish public pension based on your taxable income.

This information is for EU/EEA citizens only

The pension system consists of a public part, a public pension (allmän pension), which you earn when you have taxable income, an occupational pension, and you can choose to save through a private pension scheme. 


The public pension - Swedish public pension (almän pension)

The Swedish general pension is made up of different parts, where most are linked to your annual taxable income


Occupational pension (tjänstepension)

In most workplaces, there are agreements between labor market partners so-called “collective treaty agreements”, which means that the employee earns an income-related pension. In Sweden, this is called a “occupational pension”. When you start working in Sweden, it is a good idea to familiarise yourself with the agreements in this connection at your workplace.


Private pension

Although you earn both a public pension and an occupational pension, you can choose to supplement them with a private pension. A private pension is an optional scheme that you can draw up through your bank or pension company. Therefore, they are also the ones you should contact for more information on private pension savings.


Get an overview of your pension

At Pensionsmyndigheten (the Swedish Pensions Agency) you can get more information about the Swedish pension system. You can also find general information about the Swedish and Danish pension systems from the Øresunddirekt information center in Malmø.



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You can always visit our Information Center in Malmø to get help with your questions regarding working, moving or studying in Sweden.


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