this post was submitted on 22 May 2025
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Denmark is set to have the highest retirement age in Europe after its parliament adopted a law raising it to 70 by 2040.

The retirement age at 70 will apply to all people born after 31 December 1970.

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[–] Mothra@mander.xyz 32 points 1 day ago (1 children)

The quote says it should, not this was meant to

[–] partial_accumen@lemmy.world -3 points 1 day ago (1 children)

There absolutely can be with savings outside of government pension to make that "the children/grandchildren" time, but current government based systems aren't generally designed and built for that today.

If he, and the rest of that society want that, it will likely mean substantial tax increases. If that populous is fine with that, then it should be pretty simple for lawmakers to make those changes into law. Given that "the children/grandchildren" time not only isn't in law currently, and that lawmakers are increasing the retirement age to 70, it doesn't sound like there is support from the voters for that change.

[–] IsaamoonKHGDT_6143@lemmy.zip 0 points 1 day ago* (last edited 1 day ago)

People want to enjoy the Benicios, but not face the consequences. I think people should have financial education so as not to depend on the government and I understand Denmark's decision, because if a solution is not applied, they could be ruined by pensions.