The retirement age for the main public pension has
increased over time in Denmark, in line with
rising life expectancy.
People born 20 years apart face different rules
born 1952
born 1972
People born in 1952 and people born in 1972
reach retirement under different age rules.
Retirement age is 5 years higher
For people born in 1952, the retirement age was 65.
For people born in 1972 it is 70:
they must wait five additional years to receive their pension.
Monthly pension benefits have remained stable
born 1952
=
born 1972
Over this period, the level of monthly pension benefits has
remained approximately stable, after adjusting for wage growth.
Early retirement age is 7 years higher
The early retirement age (the age at which eligible individuals can receive early retirement benefits) has also increased: from 60 for people born in 1952 to
67 for people born in 1972.