Swedish income pension to rise by 1.9% in 2025

Sweden's income pension will increase by 1.9 per cent in January 2026, the Swedish Pensions Agency (SPA) has confirmed.

The SPA confirmed that the guarantee pension will follow recent pricing trends, increasing by 0.7 per cent in 2026, although both of these increases are lower than the boosts seen at the beginning of 2025, 4 per cent and 2.6 per cent, respectively.

According to the SPA, just over 1.1 million pensioners with an income pension and/or supplementary pension without basic protection, such as a guarantee pension or housing supplement, will have these income-based pension components increased by 1.9 per cent.

Meanwhile, almost 890,000 pensioners receiving an income pension and some guarantee pension will receive an increase of between 0.7 per cent and 1.9 per cent. The almost 300,000 pensioners with low or no income pension will have their guarantee pension increased by 0.7 per cent.

The development of the premium pension is calculated at the end of December.

However, the SPA clarified that it cannot yet confirm details about the size of individual pensions in 2026, pointing out that many pensioners have a mixture of income and guarantee pension and will need to wait until January 2026 for confirmation.

"For many, the pension consists of several different parts and therefore we cannot say anything about the exact pension amounts until a little into 2026. So there is no point in calling us about this yet," SPA head of analysis, Kristian Seth, said.

"But we can tell you that the income pension, which follows the income trend in society, will increase by 1.9 per cent after the turn of the year."



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