Photo: TT

The Swedish pension system

Sweden has a fundamentally sound pension system, whose unique design attracted much international attention when it was adopted in the 1990s. Several countries, inspired by the Swedish pension system, have now reformed their own.

Responsible ministers
Ardalan Shekarabi
Responsible ministries
Ministry of Health and Social Affairs
  • A financially sustainable system

    Photo: TT

    The fact that the pension system is outside the government budget and pays out exactly as much in pensions as money is available for makes the pension system financially sustainable, which means that there is no risk of rolling over debt to future generations. This, combined with political stability — a large majority of Riksdag members backed the system — paves the way for secure pensions.

The Swedish old-age pension system

How the income pension, premium pension and guarantee pension work.

A reformed pension system

The reform of the Swedish pension system was characterised by a spirit of cooperation and a willingness to compromise.

The Pension Group’s agreement on long-term raised and secure pensions

Sweden has a fundamentally sound pension system, whose unique design attracted much international attention when it was adopted in the 1990s. Several countries, inspired by the Swedish pension system, have now reformed their own. The fact that the pension system is outside the government budget and pays out exactly as much in pensions as money is available for makes the pension system financially sustainable, which means that there is no risk of rolling over debt to future generations. This, combined with political stability — a large majority of Riksdag members backed the system — paves the way for secure pensions.