Sweden’s annual pension statement, which is usually simply referred to as “the orange envelope” (det orange kuvertet), was sent to pensioners in mid-January – and this month it started to drop into the mailboxes of everyone who has not yet retired.
You don’t need to do anything when you get it; it just contains information. But it is a good idea to keep on top of your future savings, whether you’re in Sweden for the long run or not. This article by The Local explains how to decipher your orange envelope.
It will be sent out to people in the following regions on the following dates:
February 14th-18th: Västmanland, Dalarna, Gävleborg, Västernorrland, Jämtland, Västerbotten, Norrbotten.
From February 17th: Rest of the world.
February 21st-25th: Stockholm.
February 28th-March 4th: Uppsala, Södermanland, Östergötland, Jönköping, Kronoberg, Kalmar.
March 7th-11th: Västra Götaland, Värmland, Örebro.
March 14th-18th: Skåne, Blekinge, Halland, Gotland.
In total, more than eight million orange envelopes will be sent out this year.
The average worker saved 57,900 kronor towards their general pension (allmän pension) in the past year, and currently has general pension savings worth 1,362,000 kronor. Here’s The Local’s guide to how to maximise your Swedish pension.