Improving Sweden's automatic pension adjustment mechanism

Barr, Nicholas, and Peter Diamond. “Improving Sweden's automatic pension adjustment mechanism”. Issue in Brief 11-2, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, January 2011. http://hdl.handle.net/2345/bc-ir:104683.
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Abstract

The brief's key findings are: (1) The economic crisis has provided a 'stress test' for many pension systems. (2) In Sweden, the crisis triggered an automatic 'brake' to restore financial balance and revealed two problems with the brake's design: (2a) it can favor workers over retirees; and (2b) it can result in large shocks for retirees. (3) In response, the brake could be modified to prevent unintended gains for workers and better insulate retirees from risk.

Title
Improving Sweden's automatic pension adjustment mechanism
Author
Barr, Nicholas
Diamond, Peter
Center
Center for Retirement Research
Genre
report
Date Issued
January 2011
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
11-2
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:104683
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Social Security

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