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High-income countries' retirement age

This is a Denmark news story, published by The Conversation, that relates primarily to the Organisation for Economic Cooperation and Development news.

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The Conversation

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Retirement as we know it is ending – it’s time to rethink the idea of working age

The Conversation

Summary

Nutrition label

89% Informative

Denmark is planning on raising its pension age to 74 by 2070 .

Despite all the changes over the last 70 years in society, the working age as defined by the wealthy countries of the Organisation for Economic Cooperation and Development ( OECD ) is still 15 to 64.

Having a defined working age helps individuals planning their retirement as well as governments making spending plans.

Even if the upper age limit is adjusted to match with the state pension age, it will remain arbitrary, given the ever-expanding longevity trends of human populations.

Another possible system may be the active dependency ratio ( ADR ) where the economically inactive to economically active ratio is used.

But this is not considered a rounded measure since several socio-cultural factors influence people's economic independence.

VR Score

93

Informative language

94

Neutral language

50

Article tone

informal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

External references

26

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