DECRYPTION – Several countries such as Italy, Germany or Denmark have set the legal age at 67. Some are already talking about the extension at 68 or even 69 years old.
Since the beginning of the year, the Portuguese can retire three months earlier than before. A trompe-l’oeil news, which reflects the decline in life expectancy, a consequence of the Covid, on which the legal retirement age is indexed. This is still 66 years and 4 months since a reform adopted in 2014.
Most European countries have reformed, some several times, their pension systems in recent years. All are faced with the same diagnosis of aging of their population and imbalance between working people and retirees, threatening the financing of pensions. To put it schematically, we will go from 3 assets for one retiree today to 1.8 on average across the European Union by 2070, according to the Commission. “Countries all face the challenge of population aging for their pension systems, but not to the same extent,” tempers Hervé Boulhol, economist at the OECD.
Read alsoPension reform: the legal retirement age gradually pushed back to 64 by 2030
Among the ambitious structural reforms, the
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