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Pause payments and extend the payout period

You can pause the payments from your occupational pension. You can also extend the payout period.

Två kvinnor går ute i skogen.
If, for example, you are returning to work and do not want to receive both a salary and pension at the same time, you can pause your pension payments. It is also possible to extend the payout period and receive your pension over a longer period of time, for example for the rest of your life.

How pausing your pension payments works

Pausing your pension payments means temporarily stopping the monthly payments you receive from AMF, for example if you want to return to work. The money that would otherwise have been paid out during the pause remains invested with AMF and may continue to grow. When your pension payments resume, we will recalculate your monthly payment amount and continue paying out your pension.

You decide when the pause starts and how long it lasts

When you apply for a pause, you specify when the pause should begin and when the payments should resume. The pause must last for at least one month.

Payments resume automatically when the pause ends

When the pause ends, your pension payments will restart automatically. We will then continue paying out your pension for the remainder of the payout period. The only thing you need to do is let us know if you change your bank account while your payments are paused. The easiest way to do this is to register your new account details on My Pages (Mina sidor).

You can extend or end an ongoing pause

If you would like to extend an ongoing pause or end it earlier than planned, you can do so by submitting a new application no later than the month before the change is to take effect.

Good to know

If you are returning to work, you do not have to pause your pension payments. You can receive both a salary and pension at the same time.

If you have repayment cover (survivor's protection), it will remain in effect while your pension payments are paused. This means that if you die during the pause, your beneficiaries will receive survivor benefits.

However, if your pension is paid out for life, the survivor's protection applies for a maximum of 20 years from the date pension payments from your insurance began.

How to apply to pause your pension payments

Contact Customer Service and we will send you an application form. You will need to complete, sign and return the form to us. We must receive your application no later than the month before the pause is due to begin.

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How extending the payout period works

You can extend the period over which your pension is paid out, even if payments have already been ongoing for some time. For example, you can change the payout period from five years to fifteen years. Your monthly pension payment will normally be lower, but you will receive payments for a longer period.

You can choose to extend the payout period

  • so that your pension is paid for as long as you live, that is, for life; or
  • for a fixed period, from a minimum of one month up to a maximum of 20 years.

You cannot shorten the payout period.

Things to keep in mind

If you choose to extend the payout period, the pension capital in your insurance policy will be paid out over a longer period of time. As a result, your monthly payment will normally be lower.
Once you have extended the payout period, you cannot change your mind afterward. Therefore, it may be a good idea to carefully consider your decision before proceeding. You can always extend the payout period further later if you wish.
If you have repayment cover (survivor’s protection), it will continue to apply. However, if you choose to extend the payout period to a lifelong payout, the survivor’s protection will remain in effect for a maximum of 20 years from the date payments from your insurance began.

How to apply for an extension of the payout period

Contact Customer Service and we will send you an application form. Complete and sign the application, then return it to us. We must receive your application no later than the month before you want the extension of your payout period to take effect.

Contact us

Frequently asked questions about pausing or extending pension payments

You can pause your payments for as long as you like, but the pause must be at least one month long. The maximum length of each pause depends on the payment period you have chosen:

  • Lifetime payment period: You can pause payments for up to one year at a time. After one year, you can extend the pause if you wish.
  • Payment period shorter than lifetime: You can choose any pause length directly.
We must receive your application no later than the month before you want the pause to begin.

Yes, you can pause your payments as many times as you like during the entire payment period. However, you can only apply for one pause period at a time.

No, once payments have started, you cannot shorten the payment period. You also cannot reverse your decision if you have extended the payment period.

Repayment cover continues to apply as normal even if you pause your payments. If your insurance has a lifetime payment period, the beneficiary protection remains valid for a maximum of 20 years from the date of your first payment.

If you die while your payments are paused, the pause will end.

Repayment cover - what happens to your pension if you die?

If you pause your payments or extend the payment period, you must report your changed income to the Swedish Pensions Agency (Pensionsmyndigheten). This also applies when a pause ends and payments are about to resume.

Contact the Swedish Pensions Agency for information about how a pause or extension of the payment period may affect your housing allowance.

Swedish Pensions Agency website

If you choose to extend the payment period, your monthly payment will normally be lower. This is because the pension capital in your insurance policy will be paid out over a longer period.

At present, it is not possible to run your own projection on My Pages. Instead, please contact Customer Service and we will be happy to assist you. To receive payment estimates by phone, you will need to identify yourself using an electronic ID, such as BankID.