Sweden: A Viable Public–Private Pension System1
In: The Varieties of Pension Governance, S. 240-262
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In: The Varieties of Pension Governance, S. 240-262
In: Research in Labor Economics; Jobs, Training, and Worker Well-being, S. 253-282
In: WSI-Mitteilungen: Zeitschrift des Wirtschafts- und Sozialwissenschaftlichen Instituts der Hans-Böckler-Stiftung, Band 60, Heft 11, S. 613-619
ISSN: 0342-300X
World Affairs Online
The Swedish welfare state has a social security system that covers many forms of incomelosses and gives a high compensation. Compensation is given for loss of income due to sickleave, parental leave, disability, work injury, unemployment and retirement at old age. Butthere are also complementing compensation systems. The most important ones are those decidedby collective agreements between unions and employer associations. They are sometimesorganized as an insurance, in other cases as an agreement that the employer should paythe compensation. There are also other forms of complements than those based on collectiveagreements, for example complementing unemployment insurances for members of unions.Even if the complements are organized in different ways, they add to the social insurances inmore or less the same way. They give an addition under the ceiling in the social insurancesystems, they give compensation over the ceiling so that they more or less eliminate theeffects of the ceiling, and they lengthen the compensation period in some cases. This meansthat the consolidated welfare state differs in a systematic way from that which is determinedby the Parliament. In this paper we describe the differences and discuss the factors thatdetermine the differences between the two welfare states – the traditional one and theconsolidated one.
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In: The economic journal: the journal of the Royal Economic Society, Band 127, Heft 603, S. 1665-1692
ISSN: 1468-0297