Guarantee pension

Thanks to the Swedish safety net, Swedish citizens and residents are guaranteed a tax-funded minimum pension upon retirement. If you work in Sweden, you are entitled to income pension, which you earn during your working life.

By living and working here, you are included in the Swedish pension system. The system provides a basic level of security through a guarantee pension (garantipension) for those with low or no income-based pension. The guarantee pension, which will be higher or lower depending on how long you've lived in the country, is completely funded by the state.

Even if you stop working in Sweden and move to another country, you retain the income pension (inkomstpension) that you have earned during your time in Sweden when you become a pensioner.

Though pension is guaranteed by the state, it is set at a minimum level. On top of this amount, pension is earned from contributions from you and your employer throughout your working life.

Read more about the employment-based pension