The Development of the Swedish Social Insurance since the 1990s
|
|
- Easter Blair
- 6 years ago
- Views:
Transcription
1 ISF Report 2014:4 The Development of the Swedish Social Insurance since the 1990s Swedish Social Insurance Inspectorate Stockholm 2014 Inspektionen för socialförsäkringen 1
2 Summary The Swedish Social Insurance Inspectorate (Inspektionen för socialförsäkringen, ISF) is an independent supervisory agency for the Swedish social insurance system. The objectives of the agency are to strengthen compliance with legislation and other statutes and to improve the efficiency of the social insurance system through system supervision and efficiency analysis and evaluation. The ISF s work is mainly conducted on a project basis and is commissioned by the Government or initiated autonomously by the agency. This report has been initiated by the agency. Background The purpose of social insurance is to provide financial security in the event of illness and disability, to the elderly and to families with children. The Swedish social insurance is individually based and compensates for loss of income when individuals are unable to support themselves by working as a result of, for example, illness or caring for a child. The Swedish social insurance system is primarily funded by statutory contributions from the employer and employees. The social insurance covers all Swedish residents. Generous benefits and high replacement rates have been characteristic of the Swedish social insurance for a long time. However, many benefits are not automatically adjusted to changes in the price or income levels. The real value of the benefits and the replacement rates have therefore changed over time. 2
3 Objectives The objective of this report is to describe and analyse how the benefit levels, both in nominal and in real terms, and the replacement rates in the Swedish social insurance have changed since the 1990s. Methods The consumer price index is used to calculate the benefit levels in real terms in each year. The replacement rates are calculated for different wage levels using Statistics Sweden s data on structural wages. The social insurance benefits analysed in this report include parental benefits, sickness benefits, unemployment insurance, child allowance, housing benefit, maintenance support, child care allowance and adoption allowance. The report also analyses the development of the national norm for income support. Findings and conclusions The report shows that many of the social insurance benefits have not followed the changes in prices or wages after the economic crisis in the 1990s when the benefit levels were cut or frozen. The maximum benefits in sickness and parental insurance follow the development of prices. However, wages have increased much more rapidly than prices and an increasing share of the working population has an income that exceeds the income ceilings in these insurances. In 2010 nearly half of the men and a quarter of the women aged years had an income that exceeded the income ceiling in the sickness insurance. In 1992 only 14 per cent of the men and 2 per cent of the women in this age group had an income exceeding the ceiling. The benefit levels in the unemployment insurance have not been increased for more than a decade and today the ceiling in the unemployment insurance is lower than the lowest decile in the wage distribution. In 1992 the ceiling in the unemployment insurance was higher than the median wage. One of the few indexed benefits is the child care allowance (financial support to families with an ill or disabled child that needs special supervision or care). The child care allowance follows the annual changes in prices. Many other benefits in the Swedish social insurance are defined in nominal terms and the levels are not automatically adjusted to changes in prices or wages. In these cases active measures from the Parliament and the Government are required 3
4 to change the benefit levels. One example of such a benefit is the child allowance. The child allowance has been raised a few times since the 1990s and the real value of the benefit (the purchasing power) is now about the same as at the beginning of the 1990s. The maintenance support, though, has decreased by 14 per cent in real terms since the beginning of the 1990s. The housing benefit is not indexed either, but the real benefit level is higher now than in the 1990s. However, the income limit for the maximum housing benefit has not been raised since The level of adoption allowance was raised considerably in 2001 but the nominal level has remained unchanged since then. The adoption allowance is still higher than in the 1990s in real terms. However, adoption costs have increased much more rapidly than both prices and wages in Sweden. The national norm for income support for single-person households has remained unchanged in real terms since the beginning of the 2000s, but the norm for income support has increased for households with children. The report also presents how the disposable income for different types of households with children has changed between 1992 and These calculations take into consideration the total effect of changes in the social insurance benefits, household income and income taxes. The calculations show that the real disposable income of working households increased between 1992 and 2012, mainly due to higher real wages. Social insurance benefits are more important for non-working households and frozen benefit levels over a long time period therefore affect non-working households more than working households. The disposable income has increased slightly for almost all non-working households analysed in this report. However, the development of the real disposable income was slightly negative for some households, for example for single-parent households that received minimum benefits from the disability pension or activity support (paid to the unemployed participating in an active labour market policy programme). Keeping the nominal benefit levels unchanged over a long time period may increase the income inequality as well as affect the economic development through increased saving. However, high benefit levels are also problematic because the system is financed 4
5 by distortionary taxes. In addition, high benefit levels and high marginal effects also have negative effects on employment and the labour supply. However, economic incentives have little effect on the labour supply of individuals with a very limited capacity for work. Since the Swedish social insurance covers a decreasing share of the income loss in the case of sickness, unemployment or parental leave, the share of the working population with supplementary private and collectively agreed insurance schemes has increased. Payments from these supplementary insurance schemes are of great importance for many. However, the supplementary insurance schemes increase the complexity of the social insurance and can cause considerable extra costs for the work force. The increased need for supplementary insurance schemes can also weaken the legitimacy of the social insurance. The Swedish social insurance is based on the principle of income replacement. However, the development of the social insurance during the past 20 years shows that the income replacement system with high replacement rates is gradually shifting towards a basic income security system. In unemployment insurance a basic income security system has already been established. 5
Women s and men s Premium pensions today and in the future
SUMMARY OF REPORT 2017:14 Women s and men s Premium pensions today and in the future An analysis of gender differences and Premium pension dispersion Swedish Social Insurance Inspectorate www.inspsf.se
More informationSummary 2016:3. Productivity and quality of the administration of the Swedish social insurance system
Summary 2016:3 Productivity and quality of the administration of the Swedish social insurance system Swedish Social Insurance Inspectorate www.inspsf.se Stockholm 2016 Inspektionen för socialförsäkringen
More informationA waiting period of seven days in the sickness insurance for selfemployed. evaluation of the 2010 reform. ISF Report 2013:10
ISF Report 2013:10 A waiting period of seven days in the sickness insurance for selfemployed an effect evaluation of the 2010 reform Swedish Social Insurance Inspectorate Stockholm 2013 Inspektionen för
More informationThe handling process of housing supplement
ISF Report 2013:8 The handling process of housing supplement Swedish Social Insurance Inspectorate Stockholm 2013 Inspektionen för socialförsäkringen 1 Summary The Swedish Social Insurance Inspectorate
More informationEligibility and Outcome for Assistance Benefit and Other Public Support for Functionally Impaired Persons
ISF Report 2014:19 Eligibility and Outcome for Assistance Benefit and Other Public Support for Functionally Impaired Persons Swedish Social Insurance Inspectorate www.inspsf.se Stockholm 2014 Inspektionen
More informationAn evaluation of the individual pension forecasts
Summary 2015:16 An evaluation of the individual pension forecasts Do they differ from outcomes? Swedish Social Insurance Inspectorate www.inspsf.se Stockholm 2015 Inspektionen för socialförsäkringen Authors:
More informationPensions information, simpler, but more detailed and more comprehensive is it possible?
ISF Report 2012:14 Pensions information, simpler, but more detailed and more comprehensive is it possible? Swedish Social Insurance Inspectorate Stockholm 2012 Inspektionen för socialförsäkringen 1 Summary
More informationContent. 05 May Memorandum. Ministry of Health and Social Affairs Sweden. Strategic Social Reporting 2015 Sweden
Memorandum 05 May 2015 Ministry of Health and Social Affairs Sweden Strategic Social Reporting 2015 Sweden Content 1. Introduction... 2 2. Delivering on the Europe 2020 objective to combat poverty and
More informationThe Lethal Consequences of Poverty & Exclusion. Göran Therborn University of Cambridge
The Lethal Consequences of Poverty & Exclusion Göran Therborn University of Cambridge Poverty & Exclusion Are Driven by Central Institutions of Today s Society Capitalism Boundaries of profitability &
More informationPENSIONS AT A GLANCE 2011: RETIREMENT-INCOME SYSTEMS IN OECD COUNTRIES KOREA
PENSIONS AT A GLANCE 2011: RETIREMENT-INCOME SYSTEMS IN OECD COUNTRIES Online Country Profiles, including personal income tax and social security contributions KOREA Korea: pension system in 2008 The Korean
More informationPENSIONS AT A GLANCE 2009: RETIREMENT INCOME SYSTEMS IN OECD COUNTRIES NORWAY
PENSIONS AT A GLANCE 29: RETIREMENT INCOME SYSTEMS IN OECD COUNTRIES Online Country Profiles, including personal income tax and social security contributions NORWAY Norway: pension system in 26 The public
More informationPoverty and Income Inequality in Scotland: 2013/14 A National Statistics publication for Scotland
Poverty and Income Inequality in Scotland: 2013/14 A National Statistics publication for Scotland EQUALITY, POVERTY AND SOCIAL SECURITY This publication presents annual estimates of the percentage and
More informationNational Programme for Ageing Workers in Finland. Peer review: Sweden
National Programme for Ageing Workers in Finland Peer review: Sweden Paper presented at the peer review in Helsinki 2000-10-12--13 by Arne Svensson Professional Management Arne & Barbro Svensson AB, Illervägen
More informationPENSIONS AT A GLANCE 2009: RETIREMENT INCOME SYSTEMS IN OECD COUNTRIES GREECE
PENSIONS AT A GLANCE 29: RETIREMENT INCOME SYSTEMS IN OECD COUNTRIES Online Country Profiles, including personal income tax and social security contributions GREECE Greece: pension system in 26 Pensions
More informationSwedish Fiscal Policy 2014 Summary 1. Summary
Swedish Fiscal Policy 2014 Summary 1 Summary The main task of the Fiscal Policy Council is to review and evaluate the extent to which fiscal and economic policy objectives are being achieved. The principal
More informationThe central government budget Public Finances in Sweden 2006 areas may cover a limited part of an activity or affect a number of expenditure areas. Ce
Public Finances in Sweden 2006 The central government budget 4 The central government budget and public finances In this chapter we provide an overall description of the central government budget and public
More informationDEFINED CONTRIBUTION OCCUPATIONAL PENSION, ITP 1 Your occupational pension with Alecta
DEFINED CONTRIBUTION OCCUPATIONAL PENSION, ITP 1 Your occupational pension with Alecta The information in this brochure is intended for people who have a defined contribution occupational pension plan
More informationLabour market and Social Policy Review of Estonia
Labour market and Social Policy Review of Estonia Launch of the review, 11 May 2010 John Martin & Veerle Slootmaekers Directorate for Employment, Labour and Social Affairs, OECD www.oecd.org/els/estonia2010
More informationThe at-risk-of poverty rate declined to 18.3%
Income and Living Conditions 2017 (Provisional data) 30 November 2017 The at-risk-of poverty rate declined to 18.3% The Survey on Income and Living Conditions held in 2017 on previous year incomes shows
More informationGlobal social development and policy indicators: Lessons from the ILO World Social Protection Report 2014/15
Global social development and policy indicators: Lessons from the ILO World Social Protection Report 2014/15 InGRID Expert Workshop "Development and dissemination of social policy indicators" Stockholm,
More informationPublic sector expenditure Public Finances in Sweden 2006 Public sector expenditure is also distributed by function. Expenditures for similar purposes
Public Finances in Sweden 2006 Public sector expenditure 6 Public sector expenditure In this Chapter we present public sector expenditure. The expenditure is reported in accordance with NA according to
More informationYour occupational pension plan with Alecta
defined benefit occupational pension, itp 2 Your occupational pension plan with Alecta The information in this brochure is intended for people who have a defined benefit occupational pension with Alecta.
More informationGREECE Overview of the system
GREECE 2001 1. Overview of the system The national currency is the Drachmae (GRD). The 2001 Average Worker earnings is GRD 3318905. All information in this chapter applies to 1 January, 2001. 2. Unemployment
More informationGREECE. 1. Overview of the system
GREECE 1. Overview of the system The national currency is the Drachmae (Dr). The 1997 Average Production Worker s earnings level is Dr. 3 061 145. All information in this chapter applies to 1 January,
More informationKela s values: respect for the individual expertise cooperation renewal
Kela s mission statement: With you throughout life supporting you through times of change Kela s values: respect for the individual expertise cooperation renewal Kela s mission is to secure the income
More informationFrom: Pensions at a Glance 2013 OECD and G20 Indicators. Access the complete publication at:
From: Pensions at a Glance 213 OECD and G2 Indicators Access the complete publication at: http://dx.doi.org/1.1787/pension_glance-213-en Canada Please cite this chapter as: OECD (213), Canada, in Pensions
More informationSummary. Labour market prospects for 2005 and 2006
Labour market prospects for 2005 and 2006 Summary Global growth decreased There has been a high level of economic activity in the surrounding world in recent years. The world economy grew by a substantial
More informationPOLAND 1 MAIN CHARACTERISTICS OF THE PENSIONS SYSTEM
POLAND 1 MAIN CHARACTERISTICS OF THE PENSIONS SYSTEM Poland has introduced significant reforms of its pension system since 1999. The statutory pension system, fully implemented in 1999 consists of two
More informationPORTUGAL 1 MAIN CHARACTERISTICS OF THE PENSIONS SYSTEM
PORTUGAL 1 MAIN CHARACTERISTICS OF THE PENSIONS SYSTEM The statutory regime of the Portuguese pension system consists of a general scheme that is mandatory for all employed and self-employed workers in
More informationSwedish Government Offices. The Pension Group s agreement on long-term raised and secure pensions. Memorandum
Memorandum Swedish Government Offices 2017-12-14 Ministry of Health and Social Affairs The Pension Group s agreement on long-term raised and secure pensions The following document is the agreement among
More informationThe Swedish old-age pension system. How the income pension, premium pension and guarantee pension work
The Swedish old-age pension system How the income pension, premium pension and guarantee pension work The Swedish old-age pension system How the income pension, premium pension and guarantee pension work
More information2014/2015. Social Protection in the Nordic Countries. Scope, Expenditure and Financing
2014/2015 Social Protection in the Nordic Countries Scope, Expenditure and Financing nososco Nordic Social Statistical Committee 62:2016 Social Protection in the Nordic Countries 2014/2015 Social Protection
More informationWays to increase employment
Ways to increase employment Iceland Luxembourg Spain Canada Italy Norway Denmark Germany Portugal Ireland Japan Belgium Switzerland Austria Slovenia United States New Zealand Finland France Netherlands
More informationSocial insurance expenditure in Sweden
NATIONAL SOCIAL INSURANCE BOARD Social insurance expenditure in Sweden 1999 2002 Who gets the money and how is the insurance financed? Contents Page Introduction 5 1 Social insurance expenditure 1999 2002
More informationOECD THEMATIC FOLLOW-UP REVIEW OF POLICIES TO IMPROVE LABOUR MARKET PROSPECTS FOR OLDER WORKERS. NORWAY (situation mid-2012)
OECD THEMATIC FOLLOW-UP REVIEW OF POLICIES TO IMPROVE LABOUR MARKET PROSPECTS FOR OLDER WORKERS NORWAY (situation mid-2012) In 2011, the employment rate for the population aged 50-64 in Norway was 1.2
More informationPOPULATION 3 MULLSJÖ KOMMUN
POPULATION Population change - Population by age 9 9 9 + Age Share Population december st Population change after Age shares Year Population Net Net births migration W M Tot W M Tot W M Tot - - - - - 9
More informationTable two: A timeline of welfare reform
Table two: A timeline of welfare reform Reforms Implementation date Client groups affected Child trust funds: abolished May 2010 Young people Mortgage interest support: paid at Bank of England interest
More informationSocial protection consist of policies and programs designed to reduce poverty and vulnerability.
Social Protection Index (SPI) is relatively a simple indicator that divides total expenditures on social protection by total number of intended beneficiaries of social protection programs. Social protection
More informationPOPULATION 3 MULLSJÖ KOMMUN
Share POPULATION 3 Population change 3-1 Population by age 1 7 1 7 1 7 1 7 7 7 7 7 9 9 3 7 9 11 1 3 7 9 1+ Age Population december 31st 1 Population change after 3 Age shares Year Population Net Net births
More informationEmployment and social protection in the new demographic context
Employment and social protection in the new demographic context The 11th ASEAN & Japan High Level Officials Meeting on Caring Societies December 2013 Keiko Kamioka Director, ILO Office for Japan ILO Report
More informationSocial Protection for All and Protecting People and Employment: A Path to Sustainable Development DR. ANDRÉ VINCENT HENRY
Social Protection for All and Protecting People and Employment: A Path to Sustainable Development CEC/ CCL 2ND REGIONAL BIPARTITE MEETING HYAT T REGENCY HOTEL PORT OF SPAIN, TRINIDAD AND TOBAGO 26-29 SEPTEMBER
More informationCZECH REPUBLIC. 1. Main characteristics of the pension system
CZECH REPUBLIC 1. Main characteristics of the pension system Statutory old-age pensions are composed of two parts: a flat-rate basic pension and an earnings-related pension based on the personal assessment
More informationYour Money. with and without a collective agreement
Your Money with and without a collective agreement Collective agreements insurance throughout your career This brochure is for professionals who would like to find out more about what a collective agreement
More informationRÉMUNÉRATION DES SALARIÉS. ÉTAT ET ÉVOLUTION COMPARÉS 2010 MAIN FINDINGS
RÉMUNÉRATION DES SALARIÉS. ÉTAT ET ÉVOLUTION COMPARÉS 2010 MAIN FINDINGS PART I SALARIES AND TOTAL COMPENSATION All other Quebec employees In 2010, the average salaries of Quebec government employees 1
More informationSUMMARY (Danish Economy Autumn 1997)
SUMMARY (Danish Economy Autumn 1997) Chapter I: The International Outlook Economic growth is expected to be around 2½ per cent per year in the OECD in 1997-99. Initially, there are large differences between
More information2012/2013. Social Protection in the Nordic Countries. Scope, Expenditure and Financing
2012/2013 Social Protection in the Nordic Countries Scope, Expenditure and Financing nososco Nordic Social Statistical Committee 58:2014 Social Protection in the Nordic Countries 2012/2013 Social Protection
More informationLUXEMBOURG Overview of the system
LUXEMBOURG 2001 1. Overview of the system A contributory means-tested unemployment insurance can be paid for maximal 365 days in a period of 24 month. A social assistance (Revenu Minimum Garanti) is available
More informationMutual Learning Programme
Mutual Learning Programme DG Employment, Social Affairs and Inclusion Peer Country Comments Paper - Denmark One way ideal but not simple Peer Review on Universal Credit United Kingdom (London), 30 November
More informationHUNGARY Overview of the tax-benefit system
HUNGARY 2006 1. Overview of the tax-benefit system Unemployment insurance is compulsory for everyone in employment, except self-employed persons and employed pensioners; unemployment benefit is paid for
More informationFINNISH CENTRE FOR PENSIONS, REPORTS. Pension Indicators 2018
FINNISH CENTRE FOR PENSIONS, REPORTS 04 2018 Pension Indicators 2018 FINNISH CENTRE FOR PENSIONS, REPORTS 04 2018 Pension Indicators 2018 Finnish Centre for Pensions FI-00065 ELÄKETURVAKESKUS, FINLAND
More informationNORWAY Overview of the system
NORWAY 1997 1. Overview of the system In Norway, the unemployment insurance scheme is part of the National Insurance Scheme (NIS). Unemployment benefits are calculated as a percentage of previous earnings,
More informationDECEMBER 2006 INFORMING CHANGE. Monitoring poverty and social exclusion in Scotland 2006
DECEMBER 2006 findings INFORMING CHANGE Monitoring poverty and social exclusion in Scotland 2006 The New Policy Institute has produced its 2006 edition of indicators of poverty and social exclusion in
More informationHUNGARY Overview of the tax-benefit system
HUNGARY 2007 1. Overview of the tax-benefit system Unemployment insurance is compulsory for everyone in employment, except self-employed persons and employed pensioners; unemployment benefit is paid for
More informationEU Survey on Income and Living Conditions (EU-SILC)
16 November 2006 Percentage of persons at-risk-of-poverty classified by age group, EU SILC 2004 and 2005 0-14 15-64 65+ Age group 32.0 28.0 24.0 20.0 16.0 12.0 8.0 4.0 0.0 EU Survey on Income and Living
More informationLUXEMBOURG Overview of the system
LUXEMBOURG 2002 1. Overview of the system A contributory means-tested unemployment insurance can be paid for maximal 365 days in a period of 24 months. A social assistance (Revenu Minimum Garanti) is available
More informationBasic income as a policy option: Technical Background Note Illustrating costs and distributional implications for selected countries
May 2017 Basic income as a policy option: Technical Background Note Illustrating costs and distributional implications for selected countries May 2017 The concept of a Basic Income (BI), an unconditional
More informationWorkforce participation of mature aged women
Workforce participation of mature aged women Geoff Gilfillan Senior Research Economist Productivity Commission Productivity Commission Topics Trends in labour force participation Potential labour supply
More informationCopies can be obtained from the:
Published by the Stationery Office, Dublin, Ireland. Copies can be obtained from the: Central Statistics Office, Information Section, Skehard Road, Cork, Government Publications Sales Office, Sun Alliance
More informationMONITORING POVERTY AND SOCIAL EXCLUSION IN SCOTLAND 2015
MONITORING POVERTY AND SOCIAL EXCLUSION IN SCOTLAND 2015 This study is the seventh in a series of reports monitoring poverty and social exclusion in Scotland since 2002. The analysis combines evidence
More informationSwitzerland. Qualifying conditions. Benefit calculation. Earnings-related. Mandatory occupational. Key indicators. Switzerland: Pension system in 2012
Switzerland Switzerland: Pension system in 212 The Swiss retirement pension system has three parts. The public scheme is earnings-related but has a progressive formula. There is also a system of mandatory
More informationWhat is Poverty? Content
What is Poverty? Content What is poverty? What are the terms used? How can we measure poverty? What is Consistent Poverty? What is Relative Income Poverty? What is the current data on poverty? Why have
More informationJAPAN Minimum of 6 months of insured work in the last 12 months, with minimum 14 days of work per. Employers Employees Total ,000
JAPAN 2006 1. Overview of the system Unemployed persons can receive an unemployment insurance benefit (basic allowance) for a period varying with the reason of job separation, the age and the period of
More informationPrecarious Work and Labour Law Reform (Spain) Dr. Nuria E. Ramos Martin. Update of BARSORI project report AIAS Seminar 5/07/2012
Precarious Work and Labour Law Reform (Spain) Dr. Nuria E. Ramos Martin Update of BARSORI project report AIAS Seminar 5/07/2012 Labour Market Figures Work Force Survey 1 st quarter 2012 Unemployment rate
More informationThe financial scope of the social insurance system 85 Financial security for families and children 94
The financial scope of the social insurance system 85 Financial security for families and children 94 Parental allowance for the birth of a child 94 Temporary parental allowance 96 Paternity leave 98 Pregnancy
More informationEUROPEAN SOCIAL CHARTER. on the 11th national report on the implementation of the European Social Charter THE GOVERNMENT OF FINLAND
25/01/2016 EUROPEAN SOCIAL CHARTER Comments by the Confederation of Finnish Industries (EK), the central Organisation of Finnish Trade Unions (SAK), the Finnish Confederation of Professionals (STTK), and
More informationTrends in Retirement and in Working at Older Ages
Pensions at a Glance 211 Retirement-income Systems in OECD and G2 Countries OECD 211 I PART I Chapter 2 Trends in Retirement and in Working at Older Ages This chapter examines labour-market behaviour of
More informationPENSION REFORM & BUDGET MEASURES 2008 (affecting employers)
PENSION REFORM & BUDGET MEASURES 2008 (affecting employers) Frank Micallef Director (Benefits) Social Security 2008 Overview of presentation Pension Reform the changes envisaged Some Budget Measures 2008
More informationSWEDEN. Social spending is expressed as millions of Swedish kronas (SEK).
SWEDEN Nomenclature ATP KBT Adjustment supplements to pensioners Municipal housing supplement Monetary unit Social spending is expressed as millions of Swedish kronas (SEK). General notes The Swedish social
More informationComments on the OECD s Calculation of the Future Pension Level in Sweden
1 (13) Memorandum Department of Pension Development Tommy Lowen, Ole Settegren +46-10-454 20 50 Comments on the OECD s Calculation of the Future Pension Level in Sweden Pensions at a Glance 2011 is a comprehensive,
More informationInvalidity: Benefits a) (II), 2010
Austria Belgium Partner: No supplement. Children: EUR 29.07 for each child up to the completion of age 18 or up to the completion of age 27 for children engaged in vocational training or university education,
More informationThe impact of the European Union common pension objectives on the Estonian pension system
The impact of the European Union common pension objectives on the Estonian pension system English summary Ene-Margit Tiit Lauri Leppik Andres Võrk Reelika Leetmaa PRAXIS Centre for Policy Studies Tallinn,
More informationThe public sector's structure and use Public Finances in Sweden 2006 to further changes in the Swedish administrative model. Amongst other things, the
Public Finances in Sweden 2006 The public sector's structure and use 8 The public sector's structure and use In this Chapter we provide an overview of the economy and activities in the subsectors of the
More informationECONOMIC WELL-BEING OF THE ELDERLY AND PENSION REFORM IN SLOVENIA. Tine Stanovnik Nada Stropnik
ECONOMIC WELL-BEING OF THE ELDERLY AND PENSION REFORM IN SLOVENIA Tine Stanovnik Nada Stropnik WORKING PAPER No. 2, 1999 1 ECONOMIC WELL-BEING OF THE ELDERLY AND PENSION REFORM IN SLOVENIA Tine Stanovnik
More informationShould the Basic State Pension be a Contributory Benefit?
Fiscal Studies (1996) vol. 17, no. 1, pp. 105-112 Should the Basic State Pension be a Contributory Benefit? PAUL JOHNSON and GARY STEARS 1 I. INTRODUCTION The basic state retirement pension is payable
More information2005 National Strategy Report on Adequate and Sustainable Pensions; Estonia
2005 National Strategy Report on Adequate and Sustainable Pensions; Estonia Tallinn July 2005 CONTENTS 1. PREFACE...2 2. INTRODUCTION...3 2.1. General socio-economic background...3 2.2. Population...3
More informationI. DECLARATIONS REFERRED TO IN ARTICLE 1(L) OF REGULATION (EC) NO 883/2004 & THE DATE FROM WHICH THE REGULATION WILL APPLY
Declaration by SPAIN pursuant to Article 9 of Regulation (EC) No 883/2004 of the European Parliament and of the Council of 29 April 2004 on the coordination of social security systems I. DECLARATIONS REFERRED
More informationOccupational group life insurance (TGL)
Pre-purchase information Valid from 1 January 2018 PRE-PURCHASE INFORMATION: Occupational group life insurance (TGL) Occupational group life insurance (TGL) is life insurance which the employer pays for.
More informationEU Network of Independent Experts on Social Inclusion. Assessment of the implementation of the European Commission Recommendation on active inclusion
Employment, Social Affairs & Inclusion Sweden EU Network of Independent Experts on Social Inclusion Assessment of the implementation of the European Commission Recommendation on active inclusion A Study
More informationcredit. The following benefits will be abolished and replaced by universal credit:
Universal credit Universal credit is a new benefit that will be introduced from October 2013, replacing current means-tested benefits and tax credits for working-age people. The basic provisions to implement
More informationMinistry of Finance November Updated Swedish Convergence Programme
Ministry of Finance November 2003 Updated Swedish Convergence Programme Ministry of Finance Updated Swedish Convergence Programme November 2003 2 3 I Introduction In accordance with the Council s regulation
More informationPENSIONS AT A GLANCE 2009: RETIREMENT-INCOME SYSTEMS IN OECD COUNTRIES CANADA
PENSIONS AT A GLANCE 2009: RETIREMENT-INCOME SYSTEMS IN OECD COUNTRIES Online Country Profiles, including personal income tax and social security contributions CANADA Canada: pension system in 2008 The
More informationLithuanian country fiche on pension projections 2015
Ministry of Social Security and Labour Lithuanian country fiche on pension projections 2015 December, 2014 Vidija Pastukiene Social Insurance and Funded Pensions Division, Ministry of Social Security and
More informationSweden s strategy report for social protection and social inclusion
Sweden s strategy report for social protection and social inclusion 2008-2010 1 Contents Contents...2 1. Common strategy for social protection and social inclusion...4 1.1 Evaluation of the social situation...5
More informationRecent development of the Bulgarian pension system
Recent development of the Bulgarian pension system Petya Malakova Head of Social Security Unit, Ministry of Labour and Social Policy of the Republic of Bulgaria History of Bulgarian social insurance system
More informationMONITORING POVERTY AND SOCIAL EXCLUSION IN WALES 2013
MONITORING POVERTY AND SOCIAL EXCLUSION IN WALES 213 The New Policy Institute analyses the latest data on poverty and exclusion in Wales. Key points Over the three years to 211/12, 69, people (23%) were
More informationThe Pension Scheme for the Pharmacy Sector Annual report 2013
1 The Pension Scheme for the Pharmacy Sector Annual report 2013 Annual report 2013 2 The Pension Scheme for the Pharmacy Sector Annual report 2013 Contents Introduction 3 About the pension scheme 4 The
More informationREGULATORY IMPACT STATEMENT FOR MINIMUM WAGE REVIEW 2012
REGULATORY IMPACT STATEMENT FOR MINIMUM WAGE REVIEW 2012 Ministry of Business, Innovation and Employment February 2013 1 Agency Disclosure Statement 1 This Regulatory Impact Statement has been prepared
More informationFINNISH CENTRE FOR PENSIONS, REPORTS. Pension Indicators 2016
FINNISH CENTRE FOR PENSIONS, REPORTS 07 2016 Pension Indicators 2016 FINNISH CENTRE FOR PENSIONS, REPORTS 07 2016 Pension Indicators 2016 Finnish Centre for Pensions FI-00065 ELÄKETURVAKESKUS, FINLAND
More informationMonitoring poverty and social exclusion 2009
Monitoring poverty and social exclusion 29 December 29 Findings Informing change The New Policy Institute has produced its twelfth annual report of indicators of poverty and social exclusion in the United
More informationCentral Government Borrowing:
2004:3 Central Government Borrowing: Forecast and Analysis Borrowing requirement Forecast for 2004 3 Forecast for 2005 4 Comparisons 5 Monthly forecasts 6 The central government debt 6 Funding Gross borrowing
More information3 The Pension System and Public Assistance
3 The Pension System and Public Assistance Pension system: As can be seen from Figure VI-7, the basis of the system, which fulfils a role in guaranteeing income after retirement, is the basic, in which
More informationUNITED KINGDOM Overview of the system
UNITED KINGDOM 2001 The UK Financial year runs from April to April so figures and rules below apply for April 2001 to April 2002. If rates/rules changed during this period, where possible conditions at
More informationMETHODOLOGICAL ISSUES IN POVERTY RESEARCH
METHODOLOGICAL ISSUES IN POVERTY RESEARCH IMPACT OF CHOICE OF EQUIVALENCE SCALE ON INCOME INEQUALITY AND ON POVERTY MEASURES* Ödön ÉLTETÕ Éva HAVASI Review of Sociology Vol. 8 (2002) 2, 137 148 Central
More informationLabour. Overview Latin America and the Caribbean. Executive Summary. ILO Regional Office for Latin America and the Caribbean
2017 Labour Overview Latin America and the Caribbean Executive Summary ILO Regional Office for Latin America and the Caribbean Executive Summary ILO Regional Office for Latin America and the Caribbean
More informationKristina Persson: Monetary policy and the labour market
Kristina Persson: Monetary policy and the labour market Speech by Ms Kristina Persson, Deputy Governor of the Sveriges Riksbank, at LO region's annual general meeting, LO Västmanland, Västerås, 12 May
More informationA picture of gender inequality in. Australia and the UK. Dr M.Claire Dale Research Fellow
A picture of gender inequality in Australia and the UK Dr M.Claire Dale Research Fellow Australian XX Chromosome Cost: Some facts and statistics 1984 Sex Discrimination Act Women comprise roughly 46% of
More informationEmployment and Social Protection in the New Demographic Context
Employment and Social Protection in the New Demographic Context Open-ended ended working group on ageing New York, 19 April 2011 Mariangels Fortuny Employment Policy Department Krzysztof Hagemejer Social
More informationNORWAY. Social spending is expressed in millions of Norwegian Kroners (NOK).
NORWAY Monetary unit Social spending is expressed in millions of Norwegian Kroners (NOK). General notes: The individual country notes of the OECD Benefits and Wages ( www.oecd.org/els/social/workincentives
More informationREPUBLIC OF BULGARIA. Country fiche on pension projections
REPUBLIC OF BULGARIA Country fiche on pension projections Sofia, November 2014 Contents 1 Overview of the pension system... 3 1.1 Description... 3 1.1.1 The public system of mandatory pension insurance
More informationLabour market outlook for 2005
2004-12-29 1 Labour market outlook for 2005 Summary Slowdown in growth in the global economy The global economy has continued to strengthen, and the driving force behind it is the USA and Southeast Asia.
More information