EU Retirement Ages Rise to 66.7 for Men by Late 2060s as Denmark Reaches 74
Updated
Updated · Euronews · Jul 31
EU Retirement Ages Rise to 66.7 for Men by Late 2060s as Denmark Reaches 74
2 articles · Updated · Euronews · Jul 31
Summary
EU men entering work at 22 in 2024 are projected to retire at 66.7 on average around 2069, up from 64.7 today; women’s average rises to 66.4 from 64.
OECD data for 32 European countries show about two-thirds will raise men’s retirement ages and three-quarters will raise women’s, as governments try to shore up pension systems without cutting benefits.
Denmark is set to have Europe’s highest retirement age at 74 for both men and women, while Italy reaches 70 for both; within the EU, Slovenia and Luxembourg stay lowest for men at 62, and Poland for women at 60.
Turkey records the steepest jumps from unusually low starting points—13 years for men to 65 and 14 years for women to 63.
The pressure comes from ageing populations: across the OECD, the number of people aged 65 and over per 100 people aged 20-64 is projected to climb to 52 in 2050 from 33 in 2025.