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Denmark Increases Retirement Age to 70, Europe’s Highest
- Denmark's parliament voted on May 22, 2024, to raise the state retirement age from 67 to 70 by 2040 for people born after 1970.
- The increase follows a 2006 welfare agreement linking retirement age to life expectancy, which set gradual rises including age 68 by 2030 and now 70 by 2040.
- Prime Minister Mette Frederiksen and a 2022 commission have called for renegotiating the automatic retirement age increase tied to life expectancy, citing sustainability concerns.
- The law passed with 81 votes for and 21 against, but the decision sparked widespread protests and criticism, especially regarding physical workers and early parliamentary pensions.
- By 2040, Denmark plans to raise its retirement age to 70, the highest in Europe, sparking discussions about equity, the capacity to work longer, and the long-term viability of the pension system amid shifting demographics.
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Total News Sources74
Leaning Left12Leaning Right9Center6Last UpdatedBias Distribution44% Left
Bias Distribution
- 44% of the sources lean Left
44% Left
L 44%
C 22%
R 33%
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