Swedish women's pensions lower than men's
Published: 15 Aug 08 16:21 CET | Print version
Online: http://www.thelocal.se/13734/20080815/
Yet another Swedish report proves that Swedish women draw the short straw when it comes to pensions, which are only worth 80-90 percent of men's on average.
- 'Pension age could inch up again': report (21 Feb 13)
- 'Working abroad could affect your pension' (4 Feb 13)
- Sweden to scale down political pensions (24 Jan 13)
Economist Göran Normann conducted an investigation on behalf of Länsförsäkringar Bank, looking at men and women's pensions levels in Sweden. With 24 independent regional insurance companies and the jointly owned Länsförsäkringar AB, Länsförsäkringar is Sweden's only customer-owned and locally based banking and insurance group.
The men and women in Normann's report were all of the same age and from four different professions. Normann's concluded that women's pensions were 80-90 percent of men's on average.
"And when you look at those women who had the lowest incomes, then there is a marked difference compared to men. An average woman in this group has a pension that is roughly 70 percent of her average male colleague", Göran Normann told the TT news agency, referring mainly to people in the nursing profession.
The main reason for the gaping inequality is that women often have lower salaries than men. In addition, in order to combine family life with work, many more women than men work part-time, which lowers their income and thus their pensions.
Many mothers often take a longer period of absence from work to extend their maternity leave, which leaves them without pension payments. Some women also go through periods of unemployment in order to look after young children.
Although the Swedish social system does pay women to be off work while on parental leave or looking after a sick child, this is far less important for one's pension than an actual salary.
Göran Normann believes that one way to create greater equality between the sexes would be for men to contribute towards their partner's pension, if and when she works part-time while the children are growing up.
"It is important that there be some kind of compensation between partners regarding pension points. The man could give part of his pension to the woman", he said.
Sweden 'fails to help well-educated foreigners'
The white-collar union Saco has lambasted Sweden's Employment Agency for its failure to help well-educated, foreign-born job seekers, whose unemployment rate is more than three times the average for people born in Sweden. READ () »
Mixed results for Sweden refugee job push
Fifteen percent of refugees in Sweden who enrolled in the new establishment system the past two years have gone on to find jobs, new figures show, leading some observers to worry that the low success rate will place a burden on the benefits system. READ () »
Riksbank unveils new board members
Sweden's central bank has appointed two new board members plucked from banking and academia to replace two outgoing members, one of whom was an outspoken critic of the Riksbank's commitment to the government's inflation goal. READ () »
350 jobs lost as Ericsson shuts Swedish factory
Swedish telecom giant Ericsson has buckled under the pressure of European competition and will turn off the switch on a cable production plant in Sweden, leaving 350 employees without jobs. READ () »
Sweden has 'lower tax burden' than Senegal
While Sweden has a reputation for having one of the most painful tax bills in the world, a new report ranks Sweden 20th when comparing the tax burden on salaries when social security payments and salary brackets are taken into account. READ () »
Ericsson probed over suspected bribes
Swedish telecom equipment maker Ericsson is suspected of having bribed ministers in Romania in connection with being awarded a contract for the country's emergency number and is now under investigation in the United States. READ () »
Warning over 'long-term' Swedish export slump
Sweden's largest business confederation has gone out guns blazing, criticizing politicians for not facing up to the challenges of "a lost year for Swedish exports" in 2012. READ () »
'Lean hospital a sign of Swedish welfare reform'
A Stockholm hospital saved from closure by private health care providers has been hailed by the Economist as one of modern's Sweden public-private success stories. READ () »
H&M mulls production in South America and Africa
Swedish clothing giant H&M is looking into the possibility of sourcing its production to South America, Central America, and even Africa, chief executive Karl-Johan Persson said on Monday. READ () »
Nord Stream plans new gas pipelines
Gas pipeline firm Nord Stream will hold an information meeting on the Baltic island of Gotland on Monday to introduce a proposal to extend its controversial gas pipeline project. READ () »
- 17/05 Solna voted best place to live in Sweden »
- 17/05 Ikea founder rated fifth richest in the world »
- 17/05 LinkedIn profile lands Swede with hefty tax bill »
- 16/05 India in no rush to open first Ikea store »
- 16/05 H&M CEO to Bangladesh: raise minimum wages »
- 15/05 Sweden plummets in income equality ranking »
- 15/05 Pensioners to recruit ageing Swedish rockers »
- 15/05 Swedish shop hits back: our Converse are real »
- 15/05 Young Swedes forced to live with mum and dad »
- 14/05 Converse in bid to ban 'fake' shoes in Sweden »
| 23/05 | Account Executive/Office ManagerToolbox Marketing | Stockholm, STHM |
| 23/05 | Application Owner AXNet Entertainment | Stockholm |
| 23/05 | Area sales ManagerGemalto | Stockholm, STHM |
| 23/05 | E.ON are looking for a Regional Category Manager ElnätExperis Sverige | SKÅ |
| 23/05 | Integration Engineer at AditroAditro | Stockholm, STHM |
| 23/05 | Java Developer (Turku, Finland)Academic Work | Turku |
| 23/05 | Manager Service Management CenterTelenor Sverige AB | Stockholm, STHM |
| 23/05 | Platform EngineerTeliaSonera | Farsta |
| 23/05 | Product ManagerSafemind AB | Stockholm |
| 23/05 | Produktionsplanerare, Coca-Cola Enterprises SverigeCoca-Cola Enterprises Sverige AB | Stockholm, STHM |
- 23/05 Tax evasion 'OK for Joe Normal' say Germans »
- 22/05 Spain and Germany fight youth employment »
- 21/05 Car boss asks Merkel to rethink CO2 pledge »
- 21/05 SAP to hire hundreds of autistic IT experts »
- 18/05 Economists warn against German euro exit »
- 17/05 Germany cool to France's EU economy plan »
- 17/05 Au pairs rules relax for non-German families »
- 16/05 Germany refuses to slam French economic policy »
- 16/05 Capri-Sun drink wins false advertising award »
- 15/05 Anaemic economy feels winter chill »
- 20:36 Husby Riots and violence against the police...
- 20:34 Moving to Sweden from England
- 20:32 Astra 2F (SKY TV)
- 20:20 Adobo- Filipino Recipe
- 19:38 Moving to Sweden (Questions) HELP
- 19:13 Is it save to keep money at forexbank?
- 18:49 Found out I'm pregnant!
- 15:14 Freelancer needed to build a website
- 14:43 International school in Lund
- 14:42 Markets in Gothenburg
Casa Birgitta in Algarve, Portugal. Reduced price in best location. Private estate on white sand beach. All amenities included. Book here today! edward_george1@hotmail.com
Find products and services that are specifically focused on English speakers living in Sweden!
FULL DETAILS
Individuals & Couples - Stockholm Beth Rogerson PhD - Clinical, Marriage & Family Therapist
Click or call 08-5580 1266 now
Create an account with Banc De Binary, the world’s most reputable binary options firm, and start cashing in today! You can start by practicing with our free $50,000 demo account.
www.bbinary.com
Expat counsellor & talk therapist offers counselling for stress, relationship issues, sexuality, culture adjustment & life coaching. Private & confidential. Stockholm or Skype. Contact me today! 08-559 22 636 or
CLICK HERE
