Sweden mulls raising retirement age
Published: 8 Feb 11 16:48 CET | Print version
Online: http://www.thelocal.se/31922/20110208/
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.
- Number of young Swedes in 'early retirement' soars (26 Jan 11)
- Sweden home to more than 1,600 centenarians (28 Dec 10)
- Swedes show little faith in pensions agency (1 Nov 10)
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.
What do you think? Leave your comment below.
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Is it related to mathematics ? I always assume mathematics by definition must involve working with more than one number.
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).
We have seen this in many countries, sweden is going to hell and soon my packing my stuff and running away