You may be entitled to a guarantee pension if you have reached the age of 65 and have a low or no income-based pension. If you have a low pension, you can apply for housing supplement and financial support for the elderly.
The age limit of 65 will probably be changed to 66 in 2023. To receive a full guarantee pension, it is a requirement that you have lived in Sweden for at least 40 years as from the year in which you reached the age of 16 up to and including the year in which you reach the age of 64. If you have lived in Sweden for a shorter period, the guarantee pension will be lower. It is reduced by 1/40 for each missing year.
If you have come to Sweden and received a residence permit as a refugee or person in need of protection, you may in some cases count your residence time from your former home country as an insurance period for a guarantee pension.
The guarantee pension is also reduced if you have an income-based pension. The reduction is applied gradually and means that no guarantee pension will be paid at all if the income-based pension is above a certain amount.
If you were born in 1937 or earlier, you may be entitled to guarantee pension. It then serves as compensation for changes that took place in the pension system in 2003.
Guarantee pension when you live outside Sweden
The guarantee pension can be paid to a resident of an EU or EEA country under a temporary Swedish law (the EEA is the EU countries plus Norway, Iceland and Liechtenstein).
