Backgrounder posted June 29, 2000 by Goran Normann, Daniel J. Mitchell, Ph.D.
Pension Reform in Sweden: Lessons for American Policymakers
Sweden has a long tradition of social insurance.1 Indeed, it was the first
nation to implement a mandatory government retirement system for
all citizens.2
Nevertheless, Sweden is now one of the world's leaders in the
global shift to private pension systems.
The Swedish pension program faced financial problems similar to
the troubles plaguing the U.S. Social…