Defined retirement pension

If you are born before 1973 you receive pension into a so called defined benefit retirement pension. If you are born between 1973-1987 depending on the size of your salary, you might be entitled to this part.

If you are born between 1943-1973

The size of your defined benefit retirement pension depends on

  • what year you were born
  • how long you have been working within the government sector
  • your pensionable salary.

Example: monthly salary under 39 063 SEK

Sam is born 1954. He has been working for Stockholm University for 30 years. He has had an avarage monthly salary of 34 500 SEK during the last five years. This means that his pensionable salary is 414 000 SEK (the pensionable salary is an avarage of his yearly salaries during the last five years).

As Sam is born in 1954 he will recieve 6,9 percent of his pensionable salary in the defined benefit retirement pension. To recieve the full 6,9 percent Sam would have had to work 30 years within the government sector, which he has.

414 000 * 0,069  = 28 566 SEK / YEAR
28 566 / 12 = 2 381 SEK / MONTH

Sam's defined retirement pension is 2 381 SEK per month during his whole life.

If you are born between 1973 and 1987

If you are born born between 1973 and 1987 you only have this part if you have a monthly salary that exceeds 39 063 SEK. If you have a salary that is lower than this you do not have this part.

The size of your defined benefit retirement pension depends on

  • your pensionable salary
  • how long you have been working within the government sector.
     

Example: monthly salary higher than 39 063 SEK

Annie is born in 1975. She has been working 11 years at Malmö University. Annie has had an avarage monthly salary of 45 000 SEK during the last five years.

This means that her pensionable salary is 540 000 SEK (the pensionable salary is an avarage of her yearly salary during the last five years). She recieves defined benefit retirement pension based on her pensionable salary that exceeds 468 7850 SEK, which is 71 250 SEK.

Annie will recieve 60 percent of her pensionable salary as a defined benefit retirement pension. To recieve the full 60 percent Annie would have to work 30 years within the government sector, which she will when she retires.

540 000 - 468 750 = 71 250 SEK

71 250 * 0,6 = 42 750 SEK / YEAR
42 750/12 = 3 563 SEK / MONTH

Annie's defined retirement pension will be 3 563 SEK per month during her whole life.

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