Denmark raises retirement age to 70 — the highest in Europe
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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.
