Sweden : Adjoining the Guarantee Pension with NDC

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 eac...

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Bibliographic Details
Main Authors: Nelson, Kenneth, Nieuwenhuis, Rense, Alm, Susanne
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/437801556881062837/Sweden-Adjoining-the-Guarantee-Pension-with-NDC
http://hdl.handle.net/10986/31626
id okr-10986-31626
recordtype oai_dc
spelling okr-10986-316262021-05-25T09:23:32Z Sweden : Adjoining the Guarantee Pension with NDC Nelson, Kenneth Nieuwenhuis, Rense Alm, Susanne NOTIONALLY DEFINED CONTRIBUTION PENSIONS POVERTY INCOME INEQUALITY PENSION BENEFITS REDISTRIBUTION SAFETY NETS 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. 2019-05-06T20:48:47Z 2019-05-06T20:48:47Z 2019-04 Working Paper http://documents.worldbank.org/curated/en/437801556881062837/Sweden-Adjoining-the-Guarantee-Pension-with-NDC http://hdl.handle.net/10986/31626 English Social Protection and Jobs Discussion Paper,no. 1909; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Europe and Central Asia Sweden
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic NOTIONALLY DEFINED CONTRIBUTION
PENSIONS
POVERTY
INCOME INEQUALITY
PENSION BENEFITS
REDISTRIBUTION
SAFETY NETS
spellingShingle NOTIONALLY DEFINED CONTRIBUTION
PENSIONS
POVERTY
INCOME INEQUALITY
PENSION BENEFITS
REDISTRIBUTION
SAFETY NETS
Nelson, Kenneth
Nieuwenhuis, Rense
Alm, Susanne
Sweden : Adjoining the Guarantee Pension with NDC
geographic_facet Europe and Central Asia
Sweden
relation Social Protection and Jobs Discussion Paper,no. 1909;
description 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.
format Working Paper
author Nelson, Kenneth
Nieuwenhuis, Rense
Alm, Susanne
author_facet Nelson, Kenneth
Nieuwenhuis, Rense
Alm, Susanne
author_sort Nelson, Kenneth
title Sweden : Adjoining the Guarantee Pension with NDC
title_short Sweden : Adjoining the Guarantee Pension with NDC
title_full Sweden : Adjoining the Guarantee Pension with NDC
title_fullStr Sweden : Adjoining the Guarantee Pension with NDC
title_full_unstemmed Sweden : Adjoining the Guarantee Pension with NDC
title_sort sweden : adjoining the guarantee pension with ndc
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/437801556881062837/Sweden-Adjoining-the-Guarantee-Pension-with-NDC
http://hdl.handle.net/10986/31626
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