Denmark is in the process of raising the retirement age. This is done gradually to allow people to properly plan for it. This means that the retirement age is based on year of birth. For people born before 1. january 1954 the age is 65.5. For people born in 1996 or later the retirement age is 74. There is a scale between these two points, I was born in the early 80es and my retirement age is 72.
The argument behind this is that the current level of income/taxation can not support people on pension for more than ~12 years on average and as the life expectancy rises the retirement age must rise with it.
There is a fairly big debate happening on 'graduated pensions'. Should a bricklayer who has carried heavy loads all his life be forced to work to the same age as an academic who has spent a large amount of time behind a desk in an office?
The argument behind this is that the current level of income/taxation can not support people on pension for more than ~12 years on average and as the life expectancy rises the retirement age must rise with it.
There is a fairly big debate happening on 'graduated pensions'. Should a bricklayer who has carried heavy loads all his life be forced to work to the same age as an academic who has spent a large amount of time behind a desk in an office?