In the latest instalment of Radio Efling, Stefán Ólafsson’s report on the pension system is discussed by Þuríður Harpa Sigurðardóttir from ÖBÍ, Þorbjörn Guðmundsson from the association of the elderly and the report’s author. The report states that income-testing in the Icelandic pension system is among the world’s highest. While the pension system has grown, the government has cut social security so severely that many pensioners, elderly and disabled, subsist on less than the cost of living – and under the minimum wage. How does this affect people, and what can be done?
The episode can be accessed below or on your preferred streaming service.
The episode is in Icelandic.