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Swedish people believe that they would get poorer as pensioners

Tuesday, 27 September 2011
A majority of Swedes believe that they will have lower living standards of living when they get retired compared to today.

This comes from a recent survey carried out by the polling organisation, Sifo recently, commissioned by a Swedish service pension company, Collectum.


55 percent of Swedes believe that there would be lower economic standard of living as their professional lives come to an end the survey shows. 17 percent on the flipside believe in a higher living standard than today, and 23 percent believe it will be on the same level as today.

Jenny Jeppsson , CIO  of the company, Collectum, indicates that nine out of ten Swedes have a pension, which is an important addition to the national pension pot.
The average pension saver with ITP may be approximately Skr5,500 per month in pension,

according Collectum. ITP is the collative contribution paid by a worker at a give period of work which varies with age and time.

“Many who have service pension have little knowledge about it. This means that there would be some unfounded anxiety about their retirements, while others would have to review what they can do to increase their future pension,” says Dan Wallberg, a pension expert at Collectum, in a statement.
By Scancomark.se Team

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