The lowest age for withdrawal of general pension was raised in 2023 from 62 to 63 years and for guaranteed pension from 65 to 66 years. The purpose was to increase pensions and so it has become, according to the Pensions Authority's annual report.
The pension level for a medium-income earner who took out their pension at the age of 66 in 2024 was on average between 56 and 58 percent. This is 7 percent higher than for 65-year-olds who retired in 2022.
This will mean that more people will get a higher pension, says Anna Pettersson Westerberg.
Considering all those who retire, the average increase is smaller, around 4 percent, and the average for general pension increased from 46 to 50 percent of the final salary. The largest increase is for low-income earners.
They increase by 15-16 percent approximately. This is due to the increase of the lower pension age to 63 years.
The general pension system aims to provide a pension of at least 60 percent of the final salary.
The increased pension ages show that we are starting to reach those levels.
The occupational pension is not included in the figures.
