In which European countries do people retire the latest: statistics.

In which European countries do people retire the latest: statistics
In which European countries do people retire the latest: statistics
Denmark has decided to raise the retirement age to 70, which is the highest in Europe. The bill was supported by 81 deputies, while 21 voted against. According to the new law, anyone born after December 31, 1970, will retire only at the age of 70.

According to journalistic data, since 2006 Denmark has tied the retirement age to the average life expectancy. Currently, this age is 67, and it is planned to increase to 69 by 2035. The average life expectancy in the country is 79 years.

Retirement age in the world

Along with Denmark, the retirement age has been increased in 14 other countries. In most European countries, the retirement age is 65 for both genders. However, there are countries where this age is higher or different for men and women. For example, in Turkey, men retire at 60, while women at 58.

According to UN data, by 2070, the number of people aged 60+ in Ukraine will exceed the number of working-age individuals, which may lead to a complex demographic situation in the country.

Raising the retirement age to 70 in Denmark is part of a global trend to increase the retirement age to align with rising life expectancy. In Ukraine, an increase in retirement age is also expected in the future, as demographic and economic trends indicate the need to adapt the pension system to new realities.

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