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Sweden Today

Swedish news in English

Sunday, December 22, 2024

Taxpayer Funds Fuel Golden Parachutes for Dismissed Officials

Published: 2024-04-15

An extensive investigation by Expressen has unveiled that over a quarter billion kronor in "golden parachutes" have been paid out to dismissed directors and senior officials in municipalities and regions from 2015 to 2023, funded by taxpayers.

This lavish expenditure coincides with budget cuts in healthcare and education within these communities.

The report highlighted instances where these high-ranking officials received hefty severance packages only to secure new top-level positions within the public sector, leading to double compensation at the taxpayer's expense.

Union leaders and the public express outrage over the apparent misallocation of funds, especially in contrast to the denied pay raises for essential workers like nurses and teachers.