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Sweden: Adjoining the Guarantee Pension with NDC
Stockholm University, Faculty of Social Sciences, The Swedish Institute for Social Research (SOFI).
Stockholm University, Faculty of Social Sciences, The Swedish Institute for Social Research (SOFI).
Stockholm University, Faculty of Social Sciences, The Swedish Institute for Social Research (SOFI).
2019 (English)Report (Other academic)
Abstract [en]

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 means-tested housing benefits like the basic safety net for pensioners.

Place, publisher, year, edition, pages
The World Bank , 2019. , p. 45
Series
Social Protection and Jobs Discussion Paper ; 1909
Keywords [en]
Old-Age Poverty, Income Inequality, Redistribution, Pension Benefits, NDC
National Category
Sociology (excluding Social Work, Social Psychology and Social Anthropology)
Identifiers
URN: urn:nbn:se:su:diva-169727OAI: oai:DiVA.org:su-169727DiVA, id: diva2:1325049
Available from: 2019-06-14 Created: 2019-06-14 Last updated: 2019-06-27Bibliographically approved

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Nelson, KennethNieuwenhuis, RenseAlm, Susanne
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