If you are a salaried employee in the private sector, and your employer has a collective agreement, you are entitled to a retirement pension from ITP occupational pension. You can choose to have your pension paid for life or over a shorter period.
How much will you receive?
ITP retirement pension is a defined benefit pension. This means that today you can obtain a forecast of how much you will receive as a pension. The pension is calculated using specific percentages for different income brackets. The higher your salary, the more you will receive in the form of a pension.
|Up to SEK 34,980
* income base amounts
If you leave your employment prior to retirement, you will receive the ITP pension that has been earned by the date payments start.
Period of service 30 years
In order to receive maximum ITP, the period of service required is 360 months from the date of your 28th birthday. If you had another occupational pension before the period with ITP, you can include this period of service. A period of service of more than 360 months does not provide a larger pension.
ITP from 65, 55 or 70?
Most people retire at 65, but ITP pension can be withdrawn from 55 or be postponed. There is no limit to how long you can postpone your pension. You can choose to have your pension paid for life or over a shorter period.