• Sweden edition
 

Sweden mulls raising retirement age

Published: 08 Feb 2011 16:48 GMT+01:00
Updated: 08 Feb 2011 16:48 GMT+01:00

Sweden's social insurance minister has announced that the government has appointed a new committee to investigate whether the country should consider raising the retirement age from the current 65.

"There are too many who leave before turning 65 and there are quite a few more who could work past 65 than those who do not," social insurance minister Ulf Kristersson told reporters on Tuesday, adding that he does not actually foresee Sweden maintaining a fixed retirement age in the future.

The first relatively simple step compared to other possible changes would be to increase the limit on the age an employee can legally stay at a job from 67 to 69.

"As average life expectancy rises and the material demands in old age increase, more people will have to work a bit longer than today. Otherwise, pensions will shrink," he said.

The new pension commission, whose directives have not yet ben formalised, should take a broad approach, according to Kristersson.

"We want to have a broad analysis of how people can work a little longer," he said.

Kristersson pointed out that even in the short time since the centre-right parties and the centre-left Social Democrats agreed in the 1990s to reform the country's pension system, average life expectancy for men has increased by two years and one year for women.

The analysis will also include examining whether workers should usually retire at 65, as is current practice, or whether they may wait longer before leaving the workforce.

The opposition Social Democrats say that they want to concentrate on reforms so that more people can work until they are 65 instead of retiring earlier.

"Our priority is not to raise the age limit," said Social Democrat Tomas Eneroth, vice president of the Riksdag's social insurance committee and the party's representative in the pension working group.

Eneroth thinks that the ruling Moderates and the government unfortunately locked themselves into a retirement age of 69 in the government's policy declaration.

However, he added that at the same time, he appreciates that Kristersson says he wants a broad review of the possibilities of producing more hours worked.

TT/The Local/vt (news@thelocal.se)

Don't miss...X
Left Right

Your comments about this article

19:55 February 8, 2011 by Zala Russe
Is there some kind of reciprocal arrangement between the UK and Sweden, by which they each 'borrow' the worst policy initiatives off each other?
22:45 February 8, 2011 by reason
This becomes necessary as we live longer. Simple math. And not in any way unreasonable, since we also stay healthy longer. If we expect to extend our lifespans even more in the future, it might not be a bad idea to set the retirement age at some fixed fraction of the average life expectancy.
00:31 February 9, 2011 by Swedesmith
@reason: yes and no. I don't relish the thought of a 69 year old policeman... or a pole dancer, either.
08:42 February 9, 2011 by HYBRED
It would just keep the jobs away from the young that are entering the work force. Benefits would be paid out one way or the other. And if the young has a family, the benefits would probably total up to be more than a pension. Obviously the government wants you to die as quickly as posible after you retire so they have to pay out less.
09:47 February 9, 2011 by Rey Stockholm
What does "Math" mean ?

Is it related to mathematics ? I always assume mathematics by definition must involve working with more than one number.
12:23 February 9, 2011 by UScitizen
It's getting to be just as bad in America. They keep raising the retirement age there also. I'm glad I retired at 58 and moved to Sweden.
15:11 February 9, 2011 by Great Scott
Comment: The current Swedish government is desperately trying to sell everything the state currently owns. This money is then going into tax breaks for the better off. None of this money will find its way to where it belongs i.e. normal working people. It is then the normal working people who are then told to work longer, just to raise taxes for Sweden's loony government's incompetents. Render the rich, punish the poor, the true slogan of the conservatives.
16:36 February 9, 2011 by TwoToTango
The 65 year retirement was set when 65 years was the average lifespan. So in a sense it makes sense to raise it even further than 69 to something like 75.

But it disturbs me that the government seems to think that the retirement age is the reason that more and more people are retiring way too early. (And often not for adequate reasons).
18:22 February 20, 2011 by dan_sparrow
Damm same old story, these people never learn???

We have seen this in many countries, sweden is going to hell and soon my packing my stuff and running away
Today's headlines
Fatal Norrköping brawl
Four brothers held as cops fear brawl reprisals
Photo: Johan Nilsson/TT

Four brothers held as cops fear brawl reprisals

Swedish police fear that several people involved in a brawl in eastern Sweden on Monday night may be seeking revenge after two brothers were shot dead. READ () »

Sponsored Article
Beautiful pearls of southeast Sweden
The town of Västervik.

Beautiful pearls of southeast Sweden

Ask a Swede, and they are likely to say that their favourite holiday spot is in the southeast of Sweden. Eastern Småland and Öland offer a smörgåsbord of all the things dearest to the Swedes - from the beloved children's book author Astrid Lindgren to deep forests, long sandy beaches, perfect spots for that all-important 'fika', and a surprising amount of space, peace and quiet. READ () »

Weekend weather to bring summer warmth
Swedes enjoy hot dogs and cherry blossoms in Stockholm's Kungsträdgården. Photo: Jessica Gow/TT

Weekend weather to bring summer warmth

The sun is set to stick around and temperatures could climb into the twenties over the weekend, Swedish meteorologists said on Wednesday READ () »

Swedes open coffin of 850-year-old king
Erik the Holy's skull and the crown, believed to be Sweden's oldest. Photo: Bertil Enevåg Ericson/TT

Swedes open coffin of 850-year-old king

King Erik the Holy died 854 years ago, but scientists have just unveiled his skull at Uppsala Cathedral. READ () »

'Day-care rapist' admits molesting eight kids

'Day-care rapist' admits molesting eight kids

A 21-year-old man confessed on Wednesday to sex crimes against eight children at a day care where he was working as an intern. READ () »

Swedish cops nab man for having big muscles
An unrelated bodybuilder. File photo: Ann Törnkvist

Swedish cops nab man for having big muscles

Police in Sweden's south who hauled a muscular man in for steroid testing have had their knuckles rapped, after it was ruled that big biceps cannot be grounds for narcotics suspicions. READ () »

Swedish girls report more eating problems
Teen girls. File photo: Chloe Chaplin/Flickr

Swedish girls report more eating problems

A youth wellbeing report from Save the Children found that more teenage girls than in previous surveys reported having an eating disorder. READ () »

'Zlatan will be back for finals': PSG coach
Photo: AP

'Zlatan will be back for finals': PSG coach

Paris Saint-Germain coach Laurent Blanc said on Tuesday that he believed Swedish goal machine Zlatan Ibrahimovic will play again before the end of the season. READ () »

Sponsored Article
India flexes its food, film, and finance muscles
India Gate in New Delhi lit up at dusk echoes the colours of the Swedish flag. File photo: Ann Törnkvist

India flexes its food, film, and finance muscles

India Unlimited, the ambitious programme to showcase the potential for further ties between India and Sweden, on Thursday enters a week for foodies and film buffs, while Scania leads the charge for business seminars during "India+Sweden Week" from April 22nd-28th. READ () »

Swede fined for flashing birdwatcher from tower

Swede fined for flashing birdwatcher from tower

A Swedish man was fined on Tuesday after subjecting a birdwatching woman to an explicit sight she had not expected. READ () »

RECEIVE OUR NEWSLETTER AND ALERTS
Features
Sponsored: South-eastern Sweden offers Öland beaches and more
Gallery
Swedish underwear shop puts staff in front of the camera
Gallery
IN PICTURES: The Local's Property of the Week - Täby
Sponsored: India+Sweden Week - India Unlimited
Features
Sponsored: India+Sweden Week - A film, food, and finance feast
National
University applications rocket to record high
finest.se
Gallery
People-watching April 18-20
TT
Society
Kids in Victorian garb mark Swedish Easter
Shutterstock
National
Swedish MP ordered chemtrail probe
Society
Swedish supermarket Ica pulls contested Easter commercial off air
Kungahuset
Society
Swedish royals set baptism date for princess
finest.se
Gallery
People-watching April 16
Politics
Who's the prime minister's heir?
Advertisement:
Alfie Atkins
Society
Are children's books the key to families integrating in Sweden?
National
'Sweden Dem protests cater to party's martyr image'
National
'Swedish research grants were fantastic, but now it's like Australia'
Society
Only in Sweden: The ten problems you'd never encounter elsewhere
National
Swedes stopped to take my picture, but didn't look me in the eyes
Business & Money
A swipe of the hand replaced cash and cards in Lund
YouTube
Features
Video: Oliver Gee finds out how to embrace The Swedish Hug
TT
National
Abba duo hints at reunion
Private
National
Flash mobs hug it out across Sweden
Finest.se
Gallery
People-watching April 11-13
TT
Politics
Swedes to give six-hour workday a go
Stockholm School of Economics
Sponsored Article
Why a bachelor's degree is no longer enough
Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Germany

More news from Germany at thelocal.de

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

Blog Update: The Diplomatic Dispatch

28 October 15:16

The Green Growth Group Summit »

"Today on the 28 October in Brussels, a large group of key EU Ministers and business people, including UK Secretary of State for Energy and Climate Change Edward Davey, and Swedish Environment Minister Lena Ek, will meet to discuss green growth. They all have a stake in resolving a challenge which, although it is crucial..." READ »

712
jobs available
Swedish Down Town Consulting & Productions
Swedish Down Town Consulting & Productions is an innovative business company which provides valuable assistance with the Swedish Authorities, Swedish language practice and general communications. Call 073-100 47 81 or visit:
www.swedishdowntown.com