At age 65 both women and men are entitled to the guaranteed pension if they have no other pension income and 40 years of residence in Sweden. The change was significant because benefits were individualized (i.e., not derived from family position) and the family ceased to be considered the primary economic unit (Stahlberg 2012:72). Fully funded defined contribution schemes provide individualized pensions that aim to be distribution-ally neutral. In these systems, derived benefits can be replaced by joint annuities, which incorporate a widow’s benefit in case of death.