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Several factors affect the development of the different parts of the pension next year. The size of the increase differs between the different groups within the retiree group. A novelty in the system for 2021 is the income pension supplement, which will begin to be paid in September.
– The change of pension differs greatly between the different groups of pensioners. But most people get an increase in their total pension between 70 and 550 SEK per month after taxes. The pension increase will be higher after tax than before tax thanks to next year’s tax cuts and tax breaks that will be introduced for retirees next year, says Linda Wiese, analyst at the Swedish Pension Agency.
For 2021, the changes refer to lower taxes on pensions from age 66. In addition, there is a reduction in income taxes for the elderly. Starting in September, a so-called income pension supplement will also be introduced for those with a general pension of between 9,000 and 17,000 SEK per month.
– The income pension supplement is decided by the Swedish Pension Agency without requesting it. We tested the right to the income pension supplement in connection with the application for a pension. The supplement will be SEK zero to SEK 600 before tax, says Agneta Claesson, pension specialist at the Swedish Pension Agency.
Rent and supplementary pension It increased by 0.5 percent, on average between SEK 39 and SEK 101 before tax. The 0.5 percent increase corresponds to the evolution of income minus the anticipated interest rate (1.6 percent).
Premium pension, comprises 1.7 million retirees of the 2.1 million retirees in the country and increases between 0.5 and 13 percent for the majority. This corresponds to between 1 SEK and 119.
The guarantee pension and certain retirement pensions are increased by a change in the base price amount (inflation) of 0.6 percent.
