What are the statutory pension benefits in Sweden?

In Sweden, offering occupational pension benefits is not mandatory, but it is expected. Approximately 90% of the Swedish workforce receives occupational pension benefits. Velocity Global Sweden may enroll the supported employee into an occupational pension insurance, where the employee becomes the beneficiary. The contributions made also cover the cost of several insurances:

• Sick Pay Insurance (Swedish: sjuklöneförsäkring)
• Waiver of Premium Insurance (Swedish: premiebefrielseförsäkring)
• Occupational Group Life Insurance (Swedish: TGL - Tjänstegrupplivförsäkring)
• Occupational Injury Insurance (Swedish: TFA - Trygghetsförsäkring vid arbetsskada)