Denmark has officially enacted a law raising the retirement age to 70 by 2040, making it the highest retirement age in Europe. The decision, supported by 81 votes in parliament, is part of an initiative to align the retirement age with life expectancy. Currently set at 67, the retirement age will increase to 68 in 2030 and 69 in 2035, with the new law affecting those born post-December 31, 1970.
Denmark's Retirement Age to Rise to 70, Sparking Controversy
Denmark's Retirement Age to Rise to 70, Sparking Controversy
Denmark implements the highest retirement age in Europe, raising concerns among workers and unions.
Concerns have been raised, particularly from blue-collar workers like roofer Tommas Jensen, who describe the change as "unreasonable," emphasizing the challenges faced by those in physically demanding jobs. Trade unions have also protested the law, arguing it undermines the right to a dignified retirement. In a broader European context, retirement ages vary; while Denmark sets the bar, many countries have adjusted theirs to cope with economic factors and greater life expectancy, with notable increases also seen in France and the UK.
Calls for a reconsideration of automatic increases were voiced by Danish Prime Minister Mette Frederiksen, stressing the need for a balanced approach to retirement versus economic sustainability.
In light of ongoing protests and discussions, the implications of this law on Denmark's workforce will need careful monitoring as it approaches implementation.
Calls for a reconsideration of automatic increases were voiced by Danish Prime Minister Mette Frederiksen, stressing the need for a balanced approach to retirement versus economic sustainability.
In light of ongoing protests and discussions, the implications of this law on Denmark's workforce will need careful monitoring as it approaches implementation.
