Sweden: adjoining the guarantee pension with NDC

Author(s)
Nelson, Kenneth
Nieuwenhuis, Rense
Alm, Susanne
Date Issued
July 23, 2019
Subjects
Pensioni
Previdenza
Abstract
This paper analyzes old-age incomes in Sweden from a pension policy perspective, focusing on both the economic position of elderly citizens and the redistributive effects of the pension system’s different parts. The empirical analyses show that each subsequent cohort that reaches retirement age faces higher relative poverty risks than previous cohorts. The relative decline in the value of the guaranteed minimum pension vis-à-vis the real income growth of wage earners brings to the forefront the issues of indexation of the guarantee and the ceiling on the meanstested housing benefits – i.e., the basic safety net for pensioners.
Citation
Nelson K., Nieuwenhuis R., Alm S. (2019), Sweden: adjoining the guarantee pension with NDC, Roma, INAPP, WP, n. 20 <https://oa.inapp.org/xmlui/handle/20.500.12916/458>
URI
Type
Working Paper
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