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Early retirement in an international perspective
Summary
Early retirement and sick pensions have significantly increased globally, nearly doubling in Sweden over two decades. This trend is observed across industrialized nations, with notable exceptions in England and West Germany.
Area of Science:
- Social Sciences
- Public Health
- Economics
Background:
- Early retirement and sick pension rates have nearly doubled in Sweden over the past two decades, reaching over 5% of the population.
- This phenomenon in Sweden mirrors a broader international trend in industrialized nations.
Purpose of the Study:
- To investigate the international development of early retirement and sick pensions.
- To compare trends across industrialized countries, including OECD members and Eastern European states.
Main Methods:
- Data collection involved collaboration with ministries of social affairs in respective industrialized countries.
- Comparative analysis of early retirement and sick pension trends across multiple nations.
Main Results:
- A general increase in sick pensions and early retirement was observed in all studied countries.
- England and West Germany showed more stable development, potentially due to a large cohort of World War II veterans nearing age retirement.
Conclusions:
- The rise in early retirement and sick pensions is a widespread international issue.
- Historical factors, such as post-war demographics, may influence national retirement trends.