Political Party Calls for Pension Reform and Abolishment of Pensionsmyndigheten
Medborgerlig Samling urges pension reform, proposing to shut down Pensionsmyndigheten and enhance individual pension control amid criticism of political misuse of funds.
- • Medborgerlig Samling wants to abolish Pensionsmyndigheten due to its high costs and politicized use of AP funds.
- • Premiepension offers higher returns than AP funds, according to statistics referenced by the party.
- • The party proposes paying the pension portion of employer contributions directly to employees, potentially raising wages by 17.21%.
- • Mandatory yet flexible pension savings are supported, allowing individual choice on investments and risks.
Key details
The political party Medborgerlig Samling has called for significant reforms to Sweden's pension system, including the dissolution of Pensionsmyndigheten, the government agency responsible for managing pensions. According to the party, the AP funds' assets are being misused for politically motivated investments in projects such as Northvolt, Stegra, and the Norrbotniabanan rail line. They argue that the premiepension — or premium pension — has outperformed the AP funds, yielding returns 1.4 percentage points higher annually, based on statistics from Pensionsmyndigheten.
Medborgerlig Samling estimates that Pensionsmyndigheten's operations cost around 830 million kronor per year and suggests reallocating these funds to prioritize law enforcement, defense, and social programs. The party also proposes that the pension-related portion of the employer's social contribution be paid directly to employees, potentially increasing wages by 17.21%. Furthermore, they support mandatory but flexible pension savings, allowing individuals to choose their investment risk and institution.
This push for change reflects concern about the politicization of pension funds and a preference for individual control over pension investments. The party's controversial politician Sonesson also recently faced a suspension of his Facebook account, prompting an inquiry with the Swedish Security Service (Säpo).
This article was synthesized and translated from native language sources to provide English-speaking readers with local perspectives.
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