Do the Nordic Welfare Systems Encourage 60-74-Year-Olds to Work?

This report describes the initiatives which may influence the labour supply among the 60-74-year olds. The report describes the typical retirement pathways, their application and how different categories of persons are compensated in the event of full or partial retirement. Intiatives to stimulate individuals to work in the Nordic countries differ and depend on the basic structure of the system. But the result of the organization of the systems is that the replacement rate increases the longer time a person postpones retirement. On the other hand there are differences as far as the replacement rates across oncome groups are concerned