Coming soon: What to expect when you get your Swedish pension statement

Coming soon: What to expect when you get your Swedish pension statement
It is not as intimidating as it may seem. Photo: Jennifer Glans/Pensionsmyndigheten
Starting this week, people who live and work in Sweden will receive their annual so-called 'orange envelope' – which contains important information about their pension.

The annual pension statement, which is usually simply referred to as 'the orange envelope' in Sweden (det orange kuvertet), has already been sent to pensioners.

This week it will start arriving in the mail boxes of people who have 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 try to keep on top of your future savings. This article by The Local explains how to decipher your orange envelope.

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See also on The Local:

People living in the regions Västmanland, Dalarna, Gävleborg, Västernorrland, Jämtland, Västerbotten and Norrbotten will receive the orange envelope this week.

It will be sent out to 1.2 million people in Stockholm next week, February 22nd-26th; Uppsala, Södermanland, Östergötland, Jönköping, Kronoberg and Kalmar between March 1st and 5th; Västra Götaland, Värmland and Örebro between March 8th and 12th; and Skåne, Blekinge, Halland and Gotland between March 15th and 19th.

In total, 7,997,000 orange envelopes are to be sent out this year.

The average worker saved 56,400 kronor (approximately $6,800) for their general pension (allmän pension) in the past year, and currently has general pension savings worth 1,251,130 kronor.

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