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So much will the pension increase next year

Most pensioners will receive between 330 and 1,530 kronor after tax in pension increase next year, according to the Pensions Authority. This means a larger increase than this year's inflation – for almost all.

» Published: 19 December 2024

So much will the pension increase next year
Photo: Fredrik Sandberg/TT

Eight out of ten will receive an increase in their total pension, i.e. their national pension and occupational pension, of between 330 and 1,530 kronor after tax from the turn of the year, according to the Pensions Agency. 10 percent will receive a higher increase and 10 percent will receive a smaller increase.

The size of the increase varies. The different parts of the pension are affected by different factors.

Most pensioners will receive a total pension increase that on average exceeds the development of prices, says Agneta Claesson, pension specialist at the Pensions Agency.

It is also largely due to the fact that the premium pension has performed extremely well last year, which is now reflected at the turn of the year.

The premium pension, the part of the national pension that is invested in funds, has had a historically good development.

In contrast to last year, the income pension will increase more than the guarantee pension. The guarantee pension, which follows the price base amount, will increase by 2.6 percent. Last year, the figure was 9.1 percent.

Hanna Rasmusson/TT

Facts: This is how the pension will be in 2025

TT

Income and supplementary pension will increase by 4.0 (1.0) percent, on average 316–796 (80–190) kronor before tax. The increase of 4.0 percent corresponds to the income development of 5.6 percent minus the advance tax of 1.6 percent.

Persons born in 1938 or later are also covered by the premium pension. The premium pension will change by 11.7–28.1 (-3.9 – 14.6) percent, which corresponds to 25–557 (-26–218) kronor per month before tax.

The guarantee pension and certain occupational pensions will increase by the change in the price base amount, which is 2.6 (9.1) percent. The guarantee pension will change by -92–73 kronor per month before tax.

The average total pension, i.e. national pension and occupational pension, will increase by 330–1,530 (490–1,530) kronor per month after tax. This corresponds to an increase of 460– 1,590 (360–1,280) kronor per month before tax.

Figures in parentheses refer to 2024. Source: Pensions Agency

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By TTThis article has been altered and translated by Sweden Herald

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