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Denmark to increase retirement age to the highest in Europe


Denmark will have the highest retirement age in Europe after the Parliament has passed a law that increased it to 70 by 2040.

Since 2006, Denmark has associated the official retirement age with life expectancy and has revised it every five years. It is currently 67 but will rise to 68 in 2030 and to 69 in 2035.

The retirement age at 70 applies to all people born after December 31, 1970.

The new law was adopted on Thursday with 81 votes for and 21 votes against.

Last year, however, the Social -Democrat -Prime Minister Mette Frederiksen said that the sliding scale principle would eventually be again negotiated.

“We no longer believe that the retirement age must be automatically increased,” she said, adding that in the eyes of her party “you cannot continue to say that people have to work a year longer”.

Tommas Jensen, a 47-year-old roofer, told Danish media that the change was “unreasonable”.

“We work and work and work, but we can’t continue,” he said.

He added that the situation can be different for people with agencies, but that workers with physically demanding professions would find the changes difficult.

“I have paid my taxes all my life. There must also be time to be with children and grandchildren,” Mr. Jensen told Outlet DK.

Protests supported by trade unions against the increase in retirement age took place in Copenhagen in recent weeks.

In anticipation of Thursday, Jesper Ettrup Rasmussen, the chairman of a Danish trade union confederation, said the proposal to increase retirement age was “completely unfair”.

“Denmark has a healthy economy and yet the highest retirement age of the EU,” he said.

“A higher retirement age means that (people will) lose the right to a worthy senior life.”

The retirement ages around Europe vary. Many governments have increased retirement age in recent years to display a longer life expectancy and to tackle budget deficits.

In Sweden, the earliest age that individuals are starting to claim to claim pension benefits can claim 63.

The standard retirement age in Italy is 67, although, as in the case of Denmark, this is also subject to adjustments based on estimates of life expectancy and can increase in 2026.

In the UK, people were born between October 6, 1954 and April 5, 1960 to receive their pension at the age of 66. But For people born after this date, the state pension age will gradually increase.

And in France a law was passed in 2023 that increased retirement age from 62 to 64. The very unpopular change Cold protests and riots And had to be pushed by President Emmanuel Macron without a vote by President Emmanuel Macron.



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