• 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

"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
Swimrun
Record win at Sweden's tough island race
Photo: Jakob Edholm/ÖTILLÖ14

Record win at Sweden's tough island race

Two Swedes crushed last year's course record at the Swimrun world championship in Stockholm's archipelago on Monday. READ  

Sweden reveals Academy Award submission
Swedish director Ruben Östlund on set. Photo. TT

Sweden reveals Academy Award submission

The movie set to represent Sweden at the 2015 Academy Awards was revealed on Monday, a film that has already won awards abroad. READ  

Amphetamines
Hidden forest drug stash leads to prosecution

Hidden forest drug stash leads to prosecution

A 53-year-old man has been prosecuted after police in western Sweden made one of their largest drug seizures in the area. READ  

Man shot dead in hunting accident
Photo: Hunter Desportes/Flickr

Man shot dead in hunting accident

UPDATED: Police in northern Sweden say a man was killed on Monday morning after what they described as a "hunting accident". READ  

Pirate Bay Swede's trial set for final stage

Pirate Bay Swede's trial set for final stage

The mother of Swedish Pirate Bay co-founder Gottfrid Svartholm Warg has told The Local about her son's "suffering" in jail ahead of the final stages of his trial. READ  

Suspected Ebola case ruled out in Sweden
Photo: Fredrik Sandberg/TT

Suspected Ebola case ruled out in Sweden

UPDATED: Officials at a Stockholm hospital reported that they had found a suspected case of the Ebola virus on Sunday night. But the case was dismissed on Monday. READ  

Murderer on the loose after breakout

Murderer on the loose after breakout

A 34-year-old man who killed a child is on the run after he broke out of a psychiatric ward in central Sweden. READ  

Skåne floods
Huge clear up underway after Skåne floods
A Malmö bus under water. Photo: Stig Åke Jönsson/TT

Huge clear up underway after Skåne floods

Flood waters subsided in the southern Sweden region of Skåne on Monday, after flash flooding saw chaos on roads and trains at the weekend. READ  

Elections 2014
Sweden's Alliance reveals full manifesto
Photo: Henrik Montgomery/TT

Sweden's Alliance reveals full manifesto

UPDATED: Leaders of the Moderate Party, the Centre Party, the Liberal Party and the Christian Democrats have announced their complete list of election promises in Stockholm's Nacka. READ  

Zlatan scores hat trick in PSG thrashing
Photo: AP

Zlatan scores hat trick in PSG thrashing

Champions Paris Saint-Germain thumped Saint-Etienne 5-0 as Bordeaux saw their 100 percent record at the start of the Ligue 1 season ended on Sunday with a 1-1 draw against Bastia. READ  

RECEIVE OUR NEWSLETTER AND ALERTS
Tech
Sweden's highest peak to lose title next year
Politics
How immigration became a key election issue
Society
Brit's life in Sweden becomes BBC radio show
Gallery
People-watching August 27
Gallery
Top ten false friends in Swedish
Blog updates

25 August

Hit och dit, här och där (The Swedish Teacher) »

" Hej igen! A common challenge for Swedish language students are the location adverbs hit/här, dit/där, hem/hemma etc. Some of the location adverbs come in two versions. We should use one type of location adverb when we use a verb describes where we are, and we should use the other type of location adverb when we the verb..." READ »

 

25 August

The Dollar Store (Blogweiser) »

"A dollar store in Sweden. Blog post: http://t.co/tNuuvcP1q0 #USD #greenbacks #sweden #sverige pic.twitter.com/RHFAYf7U1k — Joel Sherwood (@joeldsherwood) August 23, 2014 There’s a chain here in Sweden called The DollarStore. This name always stood out to me in a country where they don’t use dollars. I went there for the first time this weekend. They actually accepted greenbacks..." READ »

 
 
 
National
Roma advocate scoops Wallenberg prize
Society
Meet the man who made a Swedish store recall its high heels for kids
Business & Money
'How I came to run my own business in Sweden'
Politics
Expert explains why Sweden's election oozes uncertainty
National
City plays Schindler's List theme at Nazi rally
Society
For Stockholm Fashion Week, here's the A-Z of Swedish fashion
National
'Amnesiac' man avoids deportation for ten years
Gallery
Princess Estelle through the years
Business & Money
Swedish city all set for six-hour workday trial
Business & Money
Five golden rules for the Swedish job hunt
Sponsored Article
Graduates: Insure your income in Sweden with AEA
Gallery
People-watching August 22-24
National
Armed royal guards caught (very) drunk on the job
National
Sweden orders textbook on Roma discrimination
Gallery
Violent anti-Nazi demonstrations in Malmö
Society
A closer look at Sweden's five official minority languages
Gallery
See the destruction from the southern Sweden floods
Politics
'Sweden Democrats hold the key to elections'
Society
Swedes celebrate first day of smelly fish season
Sponsored Article
Find out what gives this Swedish school executive appeal
Sponsored Article
Introducing...Your finances in Stockholm
Sponsored Article
Introducing...Housing in Stockholm
Latest news from The Local in Austria

More news from Austria at thelocal.at

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 Denmark

More news from Denmark at thelocal.dk

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

747
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
PSD Media
PSD Media is marketing company that offers innovative solutions for online retailers. We provide modern solutions that help increase traffic and raise conversion. Visit our site at:
http://psdmedia.se