In the News

Sweden / Older immigrants face lower pensions

Immigrants to Sweden who move here before their 35th birthday have enough time to work towards a pension that is almost equal to people born in Sweden, but older immigrants risk lagging behind socio-economically, a new statistics review shows. 

“Income levels differ sharply, depending on when in life one immigrated to Sweden,” Statistics Sweden (Statistiska centralbyrån) noted in its report into the well-being of pension-age immigrants, who account for 12 percent of the 65+ Swedish population.

“Women and those who immigrated at older ages have considerably lower pensions than other groups,” the summary stated.

“Compared with Swedish born persons, old age pensions of foreign born persons consisted largely of the public pension.”

Swedish-born pensioners are more likely also to have access to private pensions savings or corporate pension schemes.

“Because foreign born persons have lower pensions, they are in need of housing support for pensioners and maintenance support for the elderly,” the report authors noted.

“This particularly applies to those who immigrated later in life.”

Residence patterns also seemed to show that immigrants who came here later in life were lagging behind economically.

They were more likely to live in rented accommodation, while immigrants who arrived at a younger age mirrored the spread of ethnic Swedes between owning a house, owning a share in a flat cooperative (bostadsrätt) or renting (hyresrätt).

The Statistics Sweden report also took into account incomes, employment, family, social relationships, housing, and leisure activities to assess the overall well-being of Sweden’s pensioners. They also looked at health.

“Women report that they have severe pain in different parts of their bodies to

a greater extent than men. This particularly applies to foreign-born women,” the report noted.

Choosen excerpts by Job Market Monitor from

FireShot Screen Capture #047 - 'Older immigrants face lower Swedish pensions - The Local' - www_thelocal_se_45020_20121212_#_UMjH5-RPgmI

via Older immigrants face lower Swedish pensions – The Local.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on WordPress.com

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter

Categories

Archives

%d bloggers like this: