SwedenRegeringskansliets rättsdatabaser
Pension surplus: conditional distribution first applies for 2027
SFS 2026:1301 introduces a distribution factor when the balance ratio exceeds 1.1500, with exceptions during balancing. Commencement and first application differ.
By Taxxa AI OyPublished 18 August 2026
SFS 2026:1301 adds a conditional surplus-distribution mechanism to the Social Insurance Code. A distributable surplus exists when the balance ratio for a year exceeds 1.1500. The distribution factor is calculated as one plus one third of the difference between that year’s balance ratio and 1.1500; it is not a fixed pension increase.Svenskforfattningssamling
No distribution factor is calculated for a year for which a balance index is calculated, or for the first following year. Where a factor is established, the amendment applies it to specified calculations, including pension balances and the annual recalculation of income pension. Advisers should check the applicable annual factor rather than assume a payment follows automatically from the law’s adoption.Svenskforfattningssamling
The law entered into force on 1 August 2026 and first applies for 2027. Keep those dates separate in implementation notes: the August commencement is not evidence of a surplus increase payable in August.Svenskforfattningssamling
Use the factor established for the relevant year and check the balancing exception before incorporating a surplus distribution in pension calculations.