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NST Leader: Rethinking Retirement
- Denmark's parliament passed a law on Thursday raising the national retirement age from 67 to 70 by 2040.
- Since 2006, Denmark has adjusted its official retirement age based on changes in life expectancy, updating this calculation every five years.
- The retirement age will rise to 68 in 2030 and will reach 70 for individuals born after December 31, 1970, despite ongoing protests against the reform.
- The vote passed with 81 in favor and 21 against, while roofer Tommas Jensen expressed frustration, saying that despite continuous effort, sustaining this level of work is becoming impossible.
- Prime Minister Mette Frederiksen expressed willingness to reassess the retirement system, noting that automatic increments in the retirement age are no longer seen as appropriate.
34 Articles
34 Articles
abc
El EconomistaDenmark Will Raise the Retirement Age to 70 From 2040
The Danish Parliament passed on Thursday, without strong opposition, a law raising the retirement age to 70 years from 2040, compared to the current 67 years. According to the Danish Parliament’s Folketing website, 81 deputies voted in favour and 21 against. In Denmark, since the 2006 reform, the statutory retirement age has been tied to life expectancy and is reviewed every five years. In 2030 it will be 68 years, and in 2035 69 years. The new …
Identity in retirement: Beyond the dread of isolation
Does retirement signify a profound sense of emptiness, wrapping up the venerated routine and professional identity and heightening the dread of emotional and social isolation? Does it usher in an “age of ease” (Oliver Goldsmith), or is it a “State of sovereign bliss” (William Wordsworth), or is it invested with tremendous “Restorative power” (Coleridge)? Does it produce a sense of liberation and adventure? Is it a retreat from the noise leadin…
This EU State Increases Pension Age to 70 Years
In Denmark, people will only be able to retire at the age of 70 in the future. Parliament in Copenhagen passed a corresponding law on Thursday, which will gradually increase the starting age by 2040. 81 members voted in favour of the text, 21 against, as the Parliament announced on its website. The new law sets the retirement age for all citizens born after 31 December 1970 to 70 years. Currently, it is 67 years in Denmark.Denmark has continuous…
Sapo
Denmark Approved an Increase in the Age of Reform for 70 Years From 2040
The age of reform is now 67 years in Denmark, but it will last for 68 years in 2030 and 69 years in 2035."We cannot continue to tell people who have to work for more than one year," says the country's leader.
NST Leader: Rethinking retirement
After investing 35 years of their life in the rat race, retirees enter an unpredictable chapter: retired but still working. And what do they do for work? Anything and everything that will cover rising monthly bills — such as medical insurance — though aided by government-subsidised medical care. © New Straits Times Press (M) Bhd
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