Denmark has officially raised its retirement age to 70, the highest in Europe, after a parliamentary vote that has ignited significant debate across the nation. This law, approved with 81 votes in favor and 21 against, will specifically impact individuals born after December 31, 1970. The current retirement age stands at 67 but will gradually increase to 68 in 2030 and 69 in 2035 under the nation's unique approach to adjusting retirement ages based on life expectancy, a practice established in 2006.
Prime Minister Mette Frederiksen emphasized last year that her party is reconsidering the policy of automatically increasing the retirement age, voicing concerns that it imposes an undue burden on workers. Critics like Tommas Jensen, a 47-year-old roofer, argue that the new age limit is "unreasonable," especially for those in physically demanding jobs, suggesting that longer work lives are more feasible for individuals in less strenuous occupations.
Jensen highlighted the contribution he has made through taxes and expressed the desire for a dignified retirement that allows time with family. Protests supported by trade unions have erupted in Copenhagen leading up to the vote, with union leaders labeling the retirement age increase as "completely unfair."
Efforts across Europe to increase retirement ages reflect an overarching trend influenced by rising life expectancies and economic pressures. While Denmark sets the bar high, other countries like Sweden, Italy, the UK, and France have also modified their pension systems, showcasing diverse approaches to retirement age policies that continue to stir public sentiment.
