Your benefit from your occupational pension throughout your entire life
With an occupational pension you receive a complete package, providing security both during, and after, your working life. Your employer pays the contributions. All you have to do is have an enjoyable working life and receive your salary.
You have either ITP 1 or ITP 2
To receive an ITP occupational pension you need to work as a salaried employee in the private sector, or work for an employer with a collective agreement.
- If you were born from 1979 onwards, your occupational pension is ITP 1.
- If you were born in or before 1978, your occupational pension is ITP 2.
If your employer has chosen to sign up for an ITP 1 occupational pension for all employees, you may have an ITP 1 occupational pension, even if you were born in 1978 or earlier, instead of ITP 2. If your annual income is over SEK 806,000, you may have come to an agreement with your employer to have an ITP 1 occupational pension instead of ITP 2.
A complete package — that you can customise if you want to
The occupational pension is a complete package, and you do not actually need to do anything at all unless you want to. There are a few things you can do if you would like to customise your occupational pension so that it suits you a bit better, such as add extra financial coverage for your survivor's.