Denmark to have world's highest retirement age
Increased longevity is pushing up ages of retirement. Denmark's government has announced it will raise the retirement age for its citizens to 70 by the year 2040. Denmark's workers will have the world's longest wait before they can retire. Denmark said the new law was because of increasing life expectancy. However, a trade union leader in Denmark expressed his consternation at this. He said: "Denmark has a healthy economy and yet the EU's highest retirement age". He added: "A higher retirement age means that [workers will] lose their right to a dignified senior life." |