Sweden's income pension will increase by 2.2 per cent in January 2027, the Swedish Pensions Agency (SPA) has reported.

This is a higher increase than seen at the beginning of 2026.

The SPA said that the guarantee pension will follow recent pricing developments based on the price base amount, increasing by 0.7 per cent in 2027 – the same increase as seen at the start of 2026.

More than 1.2 million pensioners receive an income pension, a supplementary pension, or both, without basic protections such as a guarantee pension or housing supplement, and will have these income-based pension components increased by 2.2 per cent.

Almost 300,000 pensioners will have their guarantee pension increased by 0.7 per cent.

Meanwhile, almost 800,000 pensioners receive an income pension and some guarantee pension, and will have an increase of between 0.7 per cent and 2.2 per cent.

According to the SPA, pensioners with a mixture of income and guarantee pension will need to wait until the pension decision in January 2027 to find out the precise size of their pension next year.

Swedish Pensions Agency head of analysis, Kristian Seth, commented: "For most people, the pension consists of several different parts and the Swedish Pensions Agency cannot provide information on the exact pension amounts until some time into 2027.

“But we can now tell you that the income pension, which follows income development in society, will increase by 2.2 per cent after the turn of the year."

SPA confirmed that for pensioners with a mixture of income and guarantee pension, the exact size of the increase will be available on My Pages on pensionsmyndigheten.se and in pension statements sent to pensioners in January 2027.

The SPA also confirmed that approximately 7.2 million pension savers will receive a 3.8 per cent increase in their income pension accounts.

---