Sweden had adopted a model way to revamp the country’s pension crisis in 1995 and World Bank believes that this pension plan can serve as a model to other countries too. As per the World Bank report this system is a balance between a traditional retirement plan and individual savings account. In this system 2.5 percent of the pensioner is deposited in the fund and they are invested in the financial markets for different individuals.



This policy is now been adopted by Italy, Latvia, and Poland and I have firm faith that such system is not only going to relieve the employees and employers from the pension burden, but will also get them good returns by the time the pensioner retires.