Sweden Raises Retirement Target Age to 67 Amid Pension Reforms

Future retirees in Sweden face longer waits for public payments as the target age for the general pension system rises to 67 years.The change follows announced increases of 1.9 percent for income pensions and tax reductions saving average pensioners 150 kronor per month.Meanwhile, experts like Trifa Chireh and Dyrk Scherff warn of funding gaps in both Swedish and German systems, emphasizing the need for private investments.