By Patrick Anderson
E-book by means of Anderson, Patrick
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Additional resources for Ageing and Employment Policies: Sweden (Ageing and Employment Policies)
E. long-term unemployment is almost three times higher for older workers. The oldest age group, 60-64, suffers most from long-term unemployment and as many as 40% of the unemployed in this group have been unemployed for more than one year, which is almost twice as high as in the age group 55-59. Therefore, in addition to taking measures to prevent job loss among older workers, once they do become unemployed, it is essential to help them find jobs before they enter into long-term unemployment. This could be handled by employment offices or by labour market programmes, but foremost by increasing the employability of older workers.
Therefore, in addition to taking measures to prevent job loss among older workers, once they do become unemployed, it is essential to help them find jobs before they enter into long-term unemployment. This could be handled by employment offices or by labour market programmes, but foremost by increasing the employability of older workers. 4. 0 Source: Swedish Labour Force Survey. 4. People outside the labour market The decline in labour market participation after the age of 55 in Sweden has many reasons.
Under the new pension system, pension entitlements will be based on lifetime earnings and so early retirement through an occupational pension plan will result in a lower public pension since occupational pensions do not generate any additional entitlements. However, using a disability pension, sickness benefit or other public income supports for some years before retirement will not affect old-age pension entitlements either in the old or in the new system. The reason is that both disability pensions and sickness benefits generate pension rights, although at a somewhat lower rate, but without any large impact on entitlements.