Youth retirement on the rise in Sweden

Three times more young people are granted early retirement benefits today than was the case ten years ago, according to Curt Malmborg, director general off the Swedish Social Insurance Administration.

“It is vital that there is functioning healthcare and rehabilitation available for young people who risk long-term illness, and that help is provided early.

A society must regard as a failure the fact that young people, even before they have started working or right at the start of their working lives, are so troubled by illness that they are excluded from the labour market,” wrote Malmborg in Göteborgs-Posten.

Every day ten new people between the ages 20-29 are moved into early retirement. This can be compared with 1997, when an average of 3.5 young people per day were granted retirement payments.

“Above all, young people’s problems on the labour market are reflected in the considerable rise in absenteeism resulting from psychological diagnoses. Depression and stress-related diagnoses account for the larges increase,” wrote Malmborg.