Sweden’s pension system is a mix of public, occupational, and private pensions. The public pension is income-based and funded through taxes, with everyone earning a basic level. On top of that, most people receive an occupational pension through their employer, which varies by industry. You can also contribute to a private pension for extra savings. The age to start drawing your pension typically ranges from 63 to 67, but working longer can increase your payout. Most Swedes also invest and/or save money privately on a monthly basis, to prepare for pension.

If you have worked and paid taxes in Sweden, you have earned a Swedish pension and are entitled to an income pension, premium pension and supplementary pension, even if you settle in another country as a pensioner. You can read more details at Pensionsmyndigheten.