Private-sector pension deal would add two years of contributions
Employees covered by ITP 1, a workplace pension plan for private-sector white-collar staff, would receive employer contributions from age 24 until 67 under a new agreement, widening the current span of 25 to 66.
The change is planned for 1 January 2028, PTK says. The agreement with Svenskt Näringsliv still needs approval and signatures from the relevant unions and employer organisations.
It concerns white-collar employees in Svenskt Näringsliv’s collective-agreement sectors. It does not change the age at which everyone in Sweden can draw a pension.
The package also improves occupational injury insurance by removing the excess and minimum-payment threshold, alongside better compensation for some shorter injury cases and lost income.
Parental-pay supplements would move into an insurance arrangement, allowing employment time with several covered employers to count together. Revised TRR rules would also make more previous employment count towards transition support and certain redundancy payments.
The wider agreement involving LO as well as PTK covers more than two million private-sector workers, Svenskt Näringsliv says. That figure describes the broader package, not everyone eligible for the ITP 1 age change.
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