Pengar, sedlar
Photo: Madde Klippel/Sveriges Radio.

Half a million face pension poverty

"That's our mission - that people understand the effects"
4:43 min

At least one in ten workers in Sweden will not be getting an occupational pension – or pension from their employer, reports Swedish Radio News. 

This means that unless they save on their own, they won't have enough money to take them into old age, because the basic state pension at best provides just half of what a person's salary did. Only people in union jobs are guaranteed a top-up from their employer. Monica Petersson, an expert at the Pensions' Agency explained to Radio Sweden why it's important to start thinking about pensions at an early age. 

Our journalism is based on credibility and impartiality. Swedish Radio is independent and not affiliated to any political, religious, financial, public or private interests.
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