Call to Restore Part-Time Retirement
Four major Swedish trade unions here have called for the reintroduction of state-financed early retirement schemes.
Writing in Tuesday’s edition of the newspaper “Dagens Nyheter” they propose that employees aged between 60 and 64 could work part-time. Whether they would keep the same pay or a somewhat reduced level is not made clear.
The condition would be that employers hire young people aged between 18 and 24 to replace them.
There was a similar system here before, but it ended in 1999 when the economy was booming. The unions want to restore the system, but only until 2010, when the number of young people coming into the labor force is expected to decline.