Clear: People born in 1957 are compensated

Published 29 May 2024 at 17.12

Economics. The Riksdag voted yes to the government's proposal that people born in 1957 should be compensated for the increased age limit for increased basic deduction.

Share the article

TwittraShare

The increase in the age limits in the pension system and in the tax legislation has meant that people born in 1957 end up in a situation where they are not covered by these changes and thus could not take part in the increased basic deduction if, for example, you have already retired.

After today's decision in the Riksdag, around 110,000 people born in 1957 can look forward to a refund of the excessive tax they paid in 2023 from July 1. The average refund is estimated to be around SEK 28,800.

Much anticipated, according to SPF Seniors chairman Eva Eriksson.

– A gratifying and long-awaited decision for all the 57s affected, right must be right! We have received calls and emails from worried 57s, it has been difficult to find information and clear messages. Although political promises of repayment have been made, there has been some concern among the 57 until the actual decision has been made. Now the worry can be exchanged for a hope for a quick repayment. It is therefore good that the 57-year-olds will now finally get their money back to which they are entitled, says Eva Eriksson, confederation chairman SPF Seniors, in a press release.

She continues:

– At the same time, the state must also learn from the mistakes that occurred in the handling of the 1957 cohort, and in the synchronization of various welfare systems. It's great that bugs have been fixed for the 57s. But the policy has not yet solved the problem that employers and self-employed persons have paid too high employer's contribution for people born in 1957 in 2023, and this risks being repeated for those born in 1959.

The proposal also involves changes in the Income Tax Act in the form of the decision that the Riksdag has already taken to raise the age limit for the right to the increased basic deduction is postponed from 1 January 2026 to 1 January 2027.

All changes to the law must come into force on 1 July 2024.

/p>