Overview

• Denmark’s parliament approved a law this week to raise its state pension age from 67 to 70 by 2040 through automatic adjustments tied to life expectancy.
• The OECD projects that average retirement ages in the EU will approach 67 by 2060, with several member states likely to match Denmark’s threshold or exceed it.
• In the United States, proposals to raise the full Social Security retirement age to 70 have been introduced but stalled in Congress amid concerns over widening life-expectancy gaps.
• Policy experts warn that increasing statutory pension ages must be paired with stronger employment measures—such as age-discrimination protections, flexible work options and retraining—to keep older workers in the labor force.
• Advocates caution that uniform retirement age hikes risk deepening financial insecurity for lower-income and vulnerable older adults who face shorter lifespans and limited savings.