In Swedish
Employers’ Guide Compensation and Benefits Enumeration of pension premium with disposition from the time bank

Enumeration of pension premium with disposition from the time bank

Teknikavtalet IF Metall and Teknikavtalet Unionen/Sveriges Ingenjörer/Ledarna contain rules regarding time for the time bank (reduction of working hours). If the employee’s earned time is taken out in the form of an extra pension premium, there are rules on calculating the value if such a payment involves lower taxation costs for the employer compared with the payment of salary.