Premiums for collective insurance and pension

Depending on whether your employees are wage earners or salaried employees with ITP 1 or ITP 2, different insurance and occupational pension solutions apply. You as an employer are responsible for paying for the collective insurance and occupational pension.

Wage earners

Premiums for wage earners 2019

Fora invoice the employer for the premiums and fees normally six times a year.

Premiums wage earners (% of gross pay) Salary ≤ SEK 483.000/year Salary > SEK 483.000/year
Career readjustment insurance*  0,0773 0
AGS (Health insurance)**  0 0
TFA (Statutory work injury insurance)  0,01 0,01
TGL (Life insurance)  0,15 0
FPT (Parental benefit supplement)**  0 0
SAF-LO Collective Pension    
-pension premium***  4,5 30
-waiver of premium insurance**  0 0
Total premium  4,74 30,01
Funded by surplus funds -0,20 0
Total premium invoiced  4,54% 30,01

*Career readjustment insurance comprises two parts: Career readjustment support (TSL) 0,0773%, which is subject to VAT, and Severence pay (AGB) 0%. Local Collective Agreement companies pay 0,3773% plus VAT.

**Premiums are not paid in 2019 as the companies within AFA Försäkring are well consolidated.

***The premium is paid from the month in which the wage earner turns 25 until the month before he turns 65.

Premiums accordning to industrial agreements

In a number of sectors, the parties have agreed that the employer is to pay a premium for part-time pension and/or working hours pension. These premiums are additional and are not presented above. Fora administers the allocation. For further information please refer to the collective agreement of the concerned employers´ association.

Special payroll tax

Employers must pay a special payroll tax of 24,26% of the pension costs for their employees. This special payroll tax is payable in accordance with the usual routines for the company´s F-tax (corporation tax). Payroll tax is deductible for the employer for income tax purposes.

Salaried employees ITP 1

Salaried employees ITP 1 2019

Collectum invoice you for ITP 1 once a month. Fora invoice you for TFA and TRR every even month. 

Salaried employees born in 1979 or later are covered by ITP 1. Companies currently bound by collective agreements involving an obligation to take out ITP can normally apply ITP 1 to all salaried employees, irrespective of age.

Premiums salaried employees ITP 1 (% of gross pay) Salary ≤ SEK 40.250/month Salary > SEK 40.250/month
ITP 1    
-retirement pension* 4,5 30
-waiver of premium insurance* 0,12 1,194
-health insurance 0,12 0,51
TGL (life insurance) approx. 0,15 0
TFA (work injury insurance) 0,03 0,03
TRR (career readjustment)** 0 0
Total 4,92% 31,73%

*Premium is paid from the month in which the salaried employee turns 25 until the month before he turns 65.

**Premium is not paid by member companies within the Confederation of Swedish Enterprise as TRR is well consolidated. Local Collective Agreements companies pay 0,4%.

Premiums accordning to industrial agreements

In a number of sectors, the parties have agreed that the employer is to pay a premium for part-time pension and/or working hours pension. These premiums are additional and are not presented above. Collectum administers the allocation. For further information please refer to the collective agreement of the concerned employers´ association.

Special payroll tax

Employers must pay a special payroll tax of 24,26% of the pension costs for their employees. You can find more information about the special payroll tax at Collectum.

Salaried employees ITP 2

Salaried employees ITP 2 2019

Collectum invoices you for ITP 2 once a month. Fora invoices you for TFA and TRR every even month. 

Salaried employees born in 1978 or earlier are covered by ITP 2. Companies that are currently bound by collective agreements can take out ITP 1 for all salaried employees irrespective of age, provided this is approved by Collectum.

Premiums salaried employees ITP 2 (% of gross pay)  
 IPT 2 (retirement pension, ITPK, health insurance, etcetera)*  approximately 13,8
 TGL (life insurance)  approximately 0,15
 TFA (work injury insurance)  0,03
 TRR (career readjustment agreement)**  0
Total approximately 14,0%

*Projection for 2019. There are wide variations. The premium normally varies between 5 and 20%. No wage trends for 2019 have been taken into account when making the calculations. The effect of a wage increase can be estimated by assuming that a wage increase of 1% produces an increased premium of approximately 1,3 percentage points. The premium is paid on salary portions up to 30 income base amounts (SEK 1.932.000 per year). The premium is paid until the month before the salaried employee turns 65.

**Premium is not paid by member companies within the Confederation of Swedish Enterprise as TRR is well consolidated. Local Collective Agreements companies pay 0,4%.

Premiums accordning to industrial agreements

In a number of sectors, the parties have agreed that the employer is to pay a premium for part-time pension and/or working hours pension. These premiums are additional and are not presented above. Collectum administers the allocation. For further information please refer to the collective agreement of the concerned employers´ association.

Special payroll tax

Employers mus pay a special payroll tax of 24,26% of the pension costs for their employees. You can find more information about the special payroll tax at Collectum.

Employer´s contributions by law

Social fees are charged on all remuneration for work. The employer is required by law to pay employer´s contributions for state pension, health insurance etc. For more information, see Skatteverket.

Customer service for employers

Contact our experts regarding collective insurance schemes

  • Phone: +46 10 45 53 800
  • Email: fraga@finfa.se
  • Opening hours: Business days 8.30 a.m. - 4 p.m.