Reduce working hours born 1988 or after
During your working life you have the possibility to reduce your working hours. Your pension is affected in different ways depending on the option that is relevant for you.
Partial leave of absence
If you take a partial leave of absence your occupational pension is reduced. Your employer will pay in less money if you are on leave of absence. Less salary means less occupational pension.
This is what we mean by partial leave of absence
Example 1 - You have a an employment of 100 per cent and have a partial leave of absence of 20 per cent of your employment. Since you work 80 per cent you receive 20 per cent less in salary.
Example 2 - You have a an employment of 70 per cent and have a partial leave of absence of 10 per cent of your employment. Since you work 60 per cent you receive 20 per cent less in salary.
Part time employment
If you have a part time employment your occupational pension will be lower than if you worked full time. Less salary means less occupational pension.
This is what we mean by part time employment
Example 1 - You have an employment of 100 per cent and chose to get a new employment of 80 per cent. You work 80 per cent.
Example 2 - You have an employment of 75 per cent and chose to get a new employment of 50 per cent. You work 50 per cent.
Reduce working hours as a parent
Many reduce their working hours during their children’s early years. If you work part time according to the Parental leave law your occupational pension will keep on being paid in to. Your employer manages this with their salary system and it is not reported to SPV.
Part time leave of absence as a parent
Outside of the Parental leave law you as a government19 employee be on leave of absence according to the Leave of absence regulation (tjänsteledighetsförordningen (1984:111). Read more above under Partial leave of absence.
Reduce working hours before retirement
When you reach 63 years of age you can reduce your working hours before retirement. You can then take out the part Kåpan Flex of your occupational pension to compensate for a lower income. Shortest possible pay-out period for Kåpan Flex is one year. You select yourself if one year or longer. Consider that:
- Reduce working hours is an agreement between you and your employer.
- If you do not want to reduce your working hours you can instead take the money when you retire. You will then receive a higher occupational pension.
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