The Swedish decline continues: 250,000 pensioners now living below EU's poverty line

The Swedish decline continues: 250,000 pensioners now living below EU's poverty line
As mass immigration reaches new records, money running out partly due to enormous costs of welfare, it now emerges that 250,000 Swedish pensioners has to live from an income which is below the EU's poverty line, according to Sveriges Television.

Today, nearly a quarter of a million pensioners in Sweden live below the EU poverty threshold. The proportion of poor elderly has increased dramatically since 2006.

EU poverty threshold is 60 percent of the country's average (median) disposable income. In Sweden that corresponds to just below 11,000 SEK a month. Now the Pensioners' National Organization, PRO, has warned that the poor pensioners will become more and more in the future. Therefore, they require an evaluation of the entire pension system.

- The group is likely to increase and it is rather embarrassing that it has become this way, says Bengt Sibbmark, from PRO.

Many adult immigrants to Sweden never have time to work long enough for an adequate pension because the system will not only take into account the income they had, but also how long they have lived in the country. Thus immigrants also risk becoming poor retirees, according to PRO, which requires urgent measures for poor pensioners.

After the financial crisis the pension was cut in 2010, which made even more ending up below the relative poverty line. Furthermore, the basic level of pension has not increased as much as wages in recent years. This has meant that pensioners has fallen even further behind. PRO mean that the gap has widened between pensioners and employees.

As reported earlier, Sweden is set to become a Third World Country by 2030, according to UN. Many predicts sooner. That is just 15 years from now.

The former Swedish PM, Fredrik Reinfeldt said: Sweden belongs to the immigrants - not the Swedes and the former Swedish Minister of Finance, Anders Borg, said: Sweden will become like Africa. One can only assume by the looks of things that they were right. Sweden seems doomed.

Swedish youths are already fleeing Sweden to work in Norway, and when the country runs out of work power and is left with illiterate immigrants it goes without saying that it's not going to end well for pensioners in Sweden. Or at all.

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