Denmark raises retirement age to 70 — the highest in Europe
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Well I was going to go out west for a month but I don't feel it is worth the hassle of putting up with the possibility of dealing with ICE. While I am a pale white old fucker my wife is not.
Yup, I get it. We're in LA and a bunch of our friends and neighbors are afraid to go out. It's such a stupid situation.
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Denmark is set to have the highest retirement age in Europe, after lawmakers voted to raise it to 70.
Parliamentarians passed a bill mandating the rise on Thursday, with 81 votes in favor and 21 against.
The new law will apply to people born after December 31, 1970. The current retirement age is 67 on average, but it can go up to 69 for those born on January 1, 1967, or later.
The rise is needed in order to be able to “afford proper welfare for future generations,” employment minister Ane Halsboe-Jørgensen said in a press release Thursday.
Why do only the "later" generations get shafted though?
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I have very little confidence I'll get a retirement. Even though I'm contributing to the Canada Pension Plan, I'm so far away that by the time I get there I have serious doubts the program will still exist. There is obviously calculations they make to determine the health of the fund, but I don't think they are properly taking into account how much extra strain extended life expectancies will take on the program. If they plan for people to be on retirement for an average of 15 years, and suddenly that changes to 20 or 25 years, that fund will dry up quick. Combine that with the influx of boomer retirees and to me it doesn't look so good.
We never know there could be a huge mega virus or giant mass cult death or something look on the bright side /s
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Denmark is set to have the highest retirement age in Europe, after lawmakers voted to raise it to 70.
Parliamentarians passed a bill mandating the rise on Thursday, with 81 votes in favor and 21 against.
The new law will apply to people born after December 31, 1970. The current retirement age is 67 on average, but it can go up to 69 for those born on January 1, 1967, or later.
The rise is needed in order to be able to “afford proper welfare for future generations,” employment minister Ane Halsboe-Jørgensen said in a press release Thursday.
Wtf Denmark
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Why do only the "later" generations get shafted though?
Cod e the people passing the law are probably in the earlier generations... They don't want to fuck themselves over
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Denmark is set to have the highest retirement age in Europe, after lawmakers voted to raise it to 70.
Parliamentarians passed a bill mandating the rise on Thursday, with 81 votes in favor and 21 against.
The new law will apply to people born after December 31, 1970. The current retirement age is 67 on average, but it can go up to 69 for those born on January 1, 1967, or later.
The rise is needed in order to be able to “afford proper welfare for future generations,” employment minister Ane Halsboe-Jørgensen said in a press release Thursday.
It doesnt apply to politicians though....
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why are so many people ok with raising the retirement age? it's literally of zero benefit to anyone who isn't insanely wealthy enough to just quit working whenever they want. if they ever worked in the first place
trying to avoid solving the actual issue, of thier low birth rates.
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I think the average lifespan in America is 67.
People would be truly working until death, there.
79 in fact. Pretty low for a country that rich, but to find 69 you have to go to Africa or the poorest Latin or Asian countries.
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Denmark is set to have the highest retirement age in Europe, after lawmakers voted to raise it to 70.
Parliamentarians passed a bill mandating the rise on Thursday, with 81 votes in favor and 21 against.
The new law will apply to people born after December 31, 1970. The current retirement age is 67 on average, but it can go up to 69 for those born on January 1, 1967, or later.
The rise is needed in order to be able to “afford proper welfare for future generations,” employment minister Ane Halsboe-Jørgensen said in a press release Thursday.
Denmark is set to have the highest retirement age in Europe, after lawmakers voted to raise it to 70.
In addition, Denmark has the highest top personal income tax rate in Europe in 2025, at 55.9%.
So I guess this is actually great news for everyone here that loves paying taxes, as now they get to do it even longer! Bummer all the people making a decent living off of these taxes (politicians) won't participate. Who could have seen that coming?
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Why do only the "later" generations get shafted though?
Later generations have more time to prepare for retirement, rather than simply axing the benefits of the people that have already retired.
