Summary The Swedish social security system is an integral part of the country’s welfare system and is classified into two types: the universal and social insurance system (old system) and unified social insurance, and the individual notional and mandatory individual accounts system (new system), which was established in 1999.The new insurance system covers persons born in or after 1954, while individuals born in or before 1937 are covered by the old system.
Except for the earnings-related part of unemployment insurance, the social security regime is compulsory and covers everyone who lives or works in Sweden. To access all these social benefits, an individual requires a personnummer (a Swedish personal identity number) from the Swedish Tax Agency and must register with the Försäkringskassan (Swedish Social Insurance Agency) for a social security number
The report provides in-depth industry analysis, information and insights of the employee benefits in Sweden, including: overview of the state and compulsory benefits in Sweden, detailed information about the private benefits in Sweden, insights on various central institutions responsible for the administration of the different branches of social security and the regulatory framework of the employee benefits in Sweden.
Key Highlights - The compulsory general social security system in Sweden covers everyone who is a resident or working in the country.
- Försäkringskassan (Swedish Social Insurance Agency): This government agency administers social insurance, excluding old-age and survivors’ pensions, and ensures that insured persons receive benefits and allowances based on their eligibility
- Pensionsmyndigheten (Swedish Pensions Agency): This agency is responsible for the Swedish national pension system, and the administration of old-age and survivors’ pensions
- Employees in Sweden can avail of voluntary retirement benefits through four types of occupational pensions available under Pillar II
Scope This report provides a detailed analysis of employee benefits in Sweden -
- It offers a detailed analysis of the key government-sponsored employee benefits, along with private benefits
- It covers an exhaustive list of employee benefits, including retirement benefits, death in service, long-term disability benefits, medical benefits, workmen’s compensation insurance, maternity and paternity benefits, family benefits, unemployment, leave and private benefits
- It highlights the economic and regulatory situations relating to employee benefits in Sweden
Reasons to Buy - Make strategic decisions using in-depth information related to employee benefits in Sweden.
- Assess Sweden’s employee benefits market, including state and compulsory benefits and private benefits.
- Gain insights into the key employee benefit schemes offered by private employers in Sweden.
- Gain insights into key organizations governing Sweden’s employee benefits, and their impact on companies.
Our reports have been used by over 10K customers, including:
Employee Benefits in Nigeria 2021 Summary The Nigerian pension system has been facing much turbulence, regardless of the increase in the number of pensioners every year.The Nigerian pension system includes everyone from means-tested to private employees. Nigeria’s social security system is...
Employee Benefits in Switzerland 2021
The Swiss social security system comprises various forms of social insurance, which aim to protect both people living and working in Switzerland and their dependents. It is organized federally, and social security responsibilities are divided between...
Employee Benefits in New Zealand 2021
New Zealand has a comprehensive social security system, which is largely non-contributory.Neither employers nor employees contribute to social security funds, as they are tax-financed.
However, employees and self-employed persons must contribute...
Employee Benefits in Ukraine 2021 Summary Following its declaration of independence, Ukraine initiated socio-economic reforms and initiated the national social security system.The system is divided into Compulsory State Social insurance, which is funded by employee and employer contributions, and...
Employee Benefits in the United States of America (USA) 2021
The US social security system covers more than 96% of the total workers employed in the US.The motive of providing employee benefits is to support the economic security of an individual by insuring against unsure events and to...
Employee Benefits in South Africa 2021
South Africa has a well-developed social security system, which covers employees and their dependents, as well as unemployed persons and individuals.The Department of Labor (DoL) is the central labor administration body and is regulated by the Ministry...
Employee Benefits in Russia 2021
Russia underwent major economic and political change following the collapse of the Soviet Union in 1991. During this two-decade transition period, several changes were made to the country’s social security system, including the development of private employee...
Employee Benefits in Belgium 2021 Summary The Belgian social security system covers a large proportion of the country’s population and plays a significant role in its employee benefits landscape.However, the recent debt crisis in the European Union (EU) member states had an adverse impact on the...
Employee Benefits in Slovakia 2021
Following independence in 1993, the Slovak government reformed taxation, healthcare, pensions, and the social welfare system.These reforms helped the government to consolidate the budget and move towards joining the EU in 2004.
The country also...
Employee Benefits in the Philippines 2021
The Philippines is seen as one of Asia’s most socially progressive countries, because of its commitment to providing citizens with secured livelihoods; the Philippine constitution guarantees individuals complete social, economic and cultural rights.Female...
Life Insurance Claims
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.