Sweden: Pensions up 10 percent in five years 5-10-2016

Pensions increased between 2010 and 2015, mostly for women. The average amount increased by 13 percent for women and by 7 percent for men.

In 2015, the average pension for persons aged 65 and older was SEK 201 000. The average pension was SEK 244 000 for men and SEK 164 000 for women. This is an increase of 10 percent in constant prices since 2010. The increase was nearly 13 percent for women and barely 7 percent for men.

The increase was not as large among older retired people as among younger retired people. For those over age 90, pensions increased by 7 percent for women and 4 percent for men.

The increase in pensions was roughly the same as the increase of the total earned income in the 20–64 age group. Pensions increased by 11 percent in this age group. The increase was 13 percent for women and 9 percent for men.

Source: Statistics Sweden
Photo: absfreepic.com

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