Retirement ages are set to rise in over half of OECD countries. For those starting their careers in 2024, the normal retirement age will increase on average to 66.4 years for men and 65.9 years for women, which is about two years more than workers retiring now. Current legislation on the normal retirement age shows a wide range: ➡️ 62 years in Luxembourg and Slovenia, as well as in Colombia for men. ➡️ 70 years or more in Denmark, Estonia, Italy, the Netherlands and Sweden. Explore the insights from our latest report, Pensions at a Glance 2025: https://brnw.ch/21wXSdd | #Pensions
There isn't a retirement age in New Zealand. There's just an age when people qualify for NZ superannuation. Last time I looked nearly half of New Zealanders 65 and over were working.
Spain is 67 same as NL and Germany. With exceptions in certain careers. This is factually incorrect.
My personal view here: I am not sure a person with 70 can be physically able to work as heavy-duty construction worker or in any other high risk jobs such as pilot of a passenger plane. Seems to me that legislation should be more real world based where the retirement depends on other factors such as physical and mental stress. Just putting an age cap will not help much as it does not resolve main issue: aegging of population. Maybe think of bonus systems for families with more children. Children grow up and become tax payers and social benefit contributers.
People may not understand what is going on in our country with this ratios. The reason is "Early Retirement System". Look at the gap between current and future. Oh!
This upward trend in retirement ages highlights a significant societal shift, prompting important questions about workforce participation and the definition of a full working life. It suggests a reevaluation of career planning and financial preparedness. #Retirement #Pensions #OECD
Profesor Asociado en Economía, Universidad Diego Portales
3dEn Chile estamos particularmente atrasados en la edad de retiro de las mujeres. Además, debiéramos converger a igualar las edades de retiro de hombres y mujeres, hacia los 70 años en el mediano-largo plazo.