Annika Strandhäll (Social Democrat), Minister for Social Security. Photo: Marcus Ericsson / TT
Annika Strandhäll (Social Democrat), Minister for Social Security. Photo: Marcus Ericsson / TT

Government wants to raise retirement age

1:02 min

Sweden Social Democrat-Green government wants to see a parliamentary resolution to raise the retirement age before the next national election in three years, Minister for Social Security Annika Strandhäll (Social Democrat) told newspaper Svenska Dagbladet Monday.

According to the newspaper, the government is proposing to raise the age at which people can begin receiving a state pension by one year, from 61 to 62. This is in contrast to the suggestion from the conservative parties that the age be raised to 63.

Currently, Swedes are allowed to keep working at their jobs until the age of 67. According to Svenska Dagbladet, the Social Democrats are proposing raising this to 68, while the conservatives are hoping to raise it to 69.

The daily reports that Swedish pensions are falling at a fast pace. Those who retire this year will have a significantly lower pension than those who did it five or then years ago with the same final salary.

"The starting point in our discussions is that the average life expectancy is growing. That's why we need more working hours to maintain the financing of the system," Strandhäll tells Svenska Dagbladet.

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