Pension reform

This reform aims at increasing pensions and promoting a long working life in Sweden. Following the adoption by the Swedish parliament, the legislative amendments increased age limits in social security and tax systems by one year in 2023. Among other things, the earliest age for an income-based old-age pension has been raised from 62 to 63 years. The earliest age to receive a guaranteed pension, housing allowance for pensioners and support for the elderly also has been raised, from 65 years to 66 years. The reform came into force in 2022. In 2026 these age limits will be raised by one more year and connected to life expectancy at 65 years.

More information can be found on the webpage of the Swedish Parliament: here