Sweden: Adjoining the Guarantee Pension with NDC

Kenneth Nelson, Rense Nieuwenhuis and Susanne Alm

No 136557, Social Protection Discussion Papers and Notes from The World Bank

Abstract: This paper analyzes old-age incomes in Sweden from a pension policy perspective, focusing on both the economic position of elderly citizens and the redistributive effects of the pension system?s different parts. The empirical analyses show that each subsequent cohort that reaches retirement age faces higher relative poverty risks than previous cohorts. The relative decline in the value of the guaranteed minimum pension vis-à-vis the real income growth of wage earners brings to the forefront the issues of indexation of the guarantee and the ceiling on the means-tested housing benefits like the basic safety net for pensioners.

Keywords: Inequality; Municipal Management and Reform; Urban Housing and Land Settlements; Urban Governance and Management; Urban Housing; Economic Assistance; Disability; Access of Poor to Social Services; Services&Transfers to Poor; Poverty Reduction Strategies; Labor&Employment Law (search for similar items in EconPapers)
Date: 2019-04-01
New Economics Papers: this item is included in nep-age
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:hdnspu:136557

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