Rail infrastructure deal lifts Flexpension top-up to 2% by 2027

Employers bound by the Tågföretagen railway-infrastructure industry agreement pay a supplementary Flexpension premium on top of ITP for white-collar staffSeko. The agreement runs from 1 May 2025 to 30 April 2027Seko and covers staff under the general-terms agreement for whom the ITP old-age pension rules apply or could have applied. The employer pays a collective supplementary premium to the ITP plan, reported and paid monthly to Collectum as administrator, complementing the employee's ITP 1 or ITPK insurance with the employer.

The premium builds up in steps and reaches its full level during the agreement period: a further 0.2 per cent in 2025 to a total of 1.5 per cent, a further 0.2 per cent in 2026 to 1.7 per cent, and a further 0.3 per cent in 2027 to 2.0 per centSeko. Each year the premium level rises, the room for wage increases falls by the corresponding amount relative to the pattern-setting unions' cost benchmark. Costs for the premium-waiver insurance, the transfer to Collectum and the insurers, and administration are charged to the allocated premiums.

The premium is calculated on the pensionable salary for ITP 1 and ITPK benefits and debited by Collectum on the same basis as the ITP 1 premium. For ITP 1 it is paid at the earliest from the month the employee turns 25 and at the latest up to the month before turning 65; for ITPK within ITP 2 it is paid for employees born in 1978 or earlier, at the latest up to the month before turning 65. Withdrawal of insurance based on the supplementary premiums follows the withdrawal terms for ITP 1 and ITPK respectively.

Employees aged 18 to 24 are also coveredSeko. Instead of monthly allocation, an employer makes a one-off extra pension allocation via CollectumSeko on salary earned before the employee turns 25, reported no later than three months after the 25th birthday and scaled up by a 5 per cent value-change factor; where the company allows opting out, the employee receives the equivalent as a one-off salary payment instead. Staff who left before turning 25 receive the equivalent as salary, calculated at the current Flexpension rate on pensionable salary earned up to the last day of employment.

An employer can let staff opt out of the Flexpension allocation, in which case fixed cash salary rises by the current collective premium level; the opt-out applies to that employment and does not affect premiums already paid. Individual agreements on additional allocations beyond the agreement level are possible, and staff from age 62 have a reinforced right to apply in writing for part-time work for retirement purposes. Legal basis: Branschavtal Järnvägsinfrastruktur 2025-2027, Bilaga 9-11 (Flexpension i Tjänsteföretag), with ITP-planen administered via Collectum.