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Sundén, Annika. “How will Sweden's new pension system work?”. Issue in Brief 3, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, March 2000. http://hdl.handle.net/2345/bc-ir:104519.
In 1998, the Swedish Parliament passed pension legislation that transformed Sweden's Social Security system to a Notional Defined Contribution (NDC) plan 3/4 that is, a defined contribution plan financed on a pay-as-you-go basis. In addition, the legislature established a second tier of funded benefits. This Issue in Brief describes the evolution of the new Swedish pension system and discusses its implications for other countries considering pension reform...