Your pension consists of several components: the national public pension paid by the Swedish Pensions Agency, and from LiU and any previous employers. The latter is in the form of an occupational pension, and it is managed by the National Government Employee Pensions Board (SPV). You may also have a private pension. The various pension components are independent, and the total sum of the various components will be your final pension. You reach retirement age at the end of the month before your 65th birthday. Employees have the right to remain in employment, after agreement with the employer, to 69 years of age.
More information about the occupational pension paid to government employees is available at spv.se.
Salary sacrifice
We offer the opportunity to enter into an individual agreement for salary sacrifice relating to extra provisions for future pension. The sacrifice may take the form of refraining from using saved holiday or a regular monthly deduction from gross salary.
Partial pension
It is possible to apply for partial payment of pension if you are a member of PA 16 Division II, which is the case if you were born in 1987 or earlier.
If you were born in 1988 or later, you are a member of PA 16 Division I, and you have the opportunity to use “Kåpan flex”, which means that you can work reduced working hours from age 61 years. The maximum duration for the payment of partial pension is up to and including the month before employee’s 65th birthday. The employer takes the decision whether an employee has the right to take out partial pension.
Survivor’s pension
A survivor’s pension is money that can be paid to a spouse or partner and children younger than 20 years old following an employee’s death. A survivor’s pension is paid out monthly for under 6 years or until the month in which the deceased employee would have reached age 75 years.
Disability pension
If you receive sickness compensation or activity compensation from Försäkringskassan, you may have the right to extra remuneration from the National Government Employee Pensions Board (SPV). This remuneration is called disability pension.