Subscribe to our e-newsletter
Follow us on Twitter
Privacy and cookies
Established 1996
Thursday 29 June 2017

LATEST NEWS 

Denmark scraps plans to increase retirement age

Written by Natalie Tuck
23/05/17

The Danish government has scrapped plans for an increase to the country’s retirement age, according to reports.

The Local.dk reported that the country’s Prime Minister Lars Løkke Rasmussen announced the plan to increase the retirement age from 67 to 67.5 would not go ahead because he would not be able to secure a parliamentary majority.

“A broad majority, including the [opposition] Social Democrats and the Danish People’s Party have already decided that the minimum pension age should increase gradually as Danes live longer,” Rasmussen said.

“Today we are living for longer than we expected, and at the same time we are short of available workers. It would therefore make sense to adjust the proposal, creating more equality between generations and securing our progress and well-being.”

Despite this, he acknowledged that the lack of support means the increase will not be included in proposals for a new package of employment reforms to be presented by the government next week. However, it is expected the reforms will include provisions to make it easier for people to continue working beyond the current retirement age of 67.



Related Articles

Latest News Headlines
Adam Cadle provides a summary of the big European pensions stories to have hit the headlines this month
Most read stories...
World Markets (15 minute+ time delay)
FTSE 100
7440.52
+52.72
Nikkei 225
20220.30
+89.89
S&P 500
2440.69
+21.31
Crude Oil
N/A
N/A