Scandinavian Working Papers in Economics

Working Paper Series, Center for Fiscal Studies,
Uppsala University, Department of Economics

No 2013:7: A History of the Swedish Pension System

Johannes Hagen ()
Additional contact information
Johannes Hagen: Uppsala Center for Fiscal Studies, Postal: Department of Economics, Uppsala University, P.O. Box 513, SE-751 20 Uppsala, Sweden

Abstract: This report provides an extensive overview of the history of the Swedish pension system. Starting with the implementation of the world's first universal public pension system in 1913, the report discusses the political as well as the economic background to each major public pension reform up until today. It presents the rules and the institutional details of these reforms and discuss their implications for retirement behavior, the general state of the economy and the political environment. Parallel to the development of the public pension system, a comprehensive and quite complex occupational pension system has emerged. This report describes the historical background and the institutional details of the four largest agreement-based occupational pension schemes in Sweden.

Keywords: pensions; retirement; economic history; private pensions; public pensions; historic Review; funded; unfunded; defined contribution; defined benefit; Beveridgean welfare state; Bismarckian welfare state

JEL-codes: H55; H75; N33; N34; P35

140 pages, May 14, 2013

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