Denmark is first in Europe to raise retirement age to 70

Link: https://www.thetimes.com/world/europe/article/denmark-retirement-age-70-2tgr5rvv7

Excerpt:

Workers born after 1970 have been told they need to keep going for another three years — and many are not happy

Denmark has raised its retirement age to 70 for everyone born after 1970, becoming the first European country to reach the symbolic threshold.

While other nations are bogged down in seemingly intractable political battles over increasing the state pension age, the Danes are following a long-established principle that it should go up broadly in line with life expectancy. The average for Danes is 81.7 years. The legislation was passed with an overwhelming majority in the Danish parliament.

However, there is a good deal of public unease at the plan to oblige many people to keep working until the end of their seventh decade. Some MPs look aghast at projections that the retirement age could rise as high as 77.

Author(s): Oliver Moody

Publication Date: 22 May 2025

Publication Site: The Times