Occupational pension ITP 1
If you were born in 1979 or later, you will always have ITP 1 occupational pension. With ITP 1, your employer pays an amount every month corresponding to a certain percentage of your salary, and you can invest the money yourself.
Important information about your ITP 1
- Money will be paid in from the month in which you turn 25 up until you turn 66.
- Your employer pays in an amount corresponding to at least 4.5% of your monthly salary up to SEK 46,438.
- For the portion of your salary between SEK 46,438 and SEK 185,750 per month, your employer pays an amount corresponding to 30%.
- There is an insurance that pays money into your occupational pension if you are on parental leave or on long-term sick leave. This insurance ensures that you do not miss out on pension funds at times when you are not receiving your regular salary.
Invest your occupational pension
You can choose what type of saving you want to use for your occupational pension.
- Traditional insurance – the pension company determines how your money is to be invested. The risk is lower and you are guaranteed a certain pension.
- Unit-linked insurance – you can yourself influence how your money is to be invested, and you decide for yourself what risk level you want to have.
- If you don’t want to choose, your money will be invested in a traditional insurance with the Swedish pension company Alecta.
Financial compensation to your family in the event of your death
You can choose to add extra cover that can provide compensation to your family in the event of your death.
- Repayment cover – your family receives the money you have saved for your occupational pension in the event of your death.
- Family cover – insurance that provides your family with money in the event of your death before reaching the age of 66. You choose the size of the amount they will receive and the length of time the payments will continue.
View your occupational pension and make your choices at Collectum
Collectum administers your occupational pension. By logging into collectum.se, you can obtain an overview of how much your employer has paid into your occupational pension. You can also make choices, change selections or move your pension funds.
Flexible pension or part-time pension
Flexible pension or part-time pension means both that your employer pays in additional money into your occupational pension, and that you can have the opportunity to reduce your working hours towards the end of your working life. This applies within certain collective agreements.