Swedish Socialist party Finance Minister Magdalena Andersson announced that the retirement age would likely be raised in the near future in order to offset increased welfare costs, Swedish newspaper Expressenreports.
“Looking at those who start working at 30, there should be opportunities to work longer than 65,” Andersson said.
The minister made her remarks following an economic report from the Local Authorities and County Council (SKL) released earlier this week. The report claimed that the welfare state would grow faster than revenue obtained through taxation due to the dramatic rise of Sweden’s population.
Due to the influx of migrants during the migrant crisis and Sweden’s growing birthrate, the population of the country has expanded faster than almost any other European country.
Do you think it’s possible that the United States could end up going down this path if there aren’t major changes made to immigration reform? We could end up essentially stealing money from retirees in order to pay for immigrants. Do you think that’s fair? Let us know in the comments what you think we should do!