The Swedish NDC Scheme : Success on Track with Room for Reflection

Palmer, Edward ; Kö ; nberg, Bo

World Bank, Washington, DC

关键词: PENSIONS;    PENSION REFORM;    NONFINANCIAL DEFINED CONTRIBUTIONS;    PENSION GUARANTEE;   

RP-ID  :  136539

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Sweden’s reform began with a publishedsketch in 1992 and developed into nonfinancial definedcontribution (NDC) legislation in 1994. This paper discussesthe underpinnings of the Swedish NDC scheme’s financialstability, factors influencing the adequacy of benefits, andits interplay with other components of the pension system:the public financial defined contribution scheme, theminimum pension guarantee, and the occupational schemes. Thepaper also includes information on the December 2017 broadsix-party political agreement on forthcoming legislation. Itconcludes with recommendations for additional improvementsin the overall old-age pension system, based on the analysisof financial stability, adequacy, and differences inoutcomes, and the interaction of the NDC scheme with theguarantee benefits and the occupational schemes.