Your occupational pension – a three-piece insurance package

The occupational pension is not just a second deferred salary that you receive when you retire. In fact, it comprises a package with two additional elements - a disability pension that provides you with compensation should you suffer from a long-term illness and cover for your surviving family members in the event of your death.

It is sometimes easy to forget that the benefits of the occupational pension are also applicable before you retire. It is important to remember that the pension offers cover should you suffer from a long-term illness. Firstly, you can receive compensation to make up for some of the difference between your salary and the compensation you receive from the Swedish Social Insurance Agency and, secondly, payments towards your occupational pension will not be discontinued.

The occupational pension can also aid your surviving family members in the event of your death. There are a variety of protection plans for your surviving family members which imply that they can receive compensation should you die. The money can be paid out in the form of a pension scheme or as a single payment, depending on the type of cover that applies.

Defined benefit pension ITP 2 and defined contribution pension ITP 1

There are two types of occupational pensions: a defined benefit pension, known as ITP 2, and a defined contribution pension, known as ITP 1 and ITPK.


Defined benefit occupational pension

Defined contribution occupational pension

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