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Denmark to raise retirement age to 70

telegraph.co.uk

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Re: Denmark to raise retirement age to 70

#381

Post by FirmwareBurner »

hn_throwaway_99 wrote: post #377
Robotbeat wrote: post #295

Earlier quoted context omitted.

Part of the reason employees are reticent to hire someone past 50 is before they worry they’ll retire soon, even if they’re mentally and physically in good shape. So increasing the retirement age might actually improve the ability of folks in their 50s to find work. Not saying this is a great trend, but it’s unavoidable due to the low fertility rate (already a problem everywhere in the developed world and soon to be…

I don't buy this at all. I've hired many people in my career, and: 1. I've never had more than a max 2 year time horizon when thinking about a hire. 2. If anything, I've found younger people more likely to job hop than those 40+.

This might not be the case for your hiring principles, but this doesn't reflect the reality and statistics in my European country. People after 50 have a near zero chance of getting hired here as confirmed by the unemployment office.

Re: Denmark to raise retirement age to 70

#382

Post by 8fingerlouie »

manmal wrote: post #288

Where I live, people have issues getting hired past age 50, and it’s near impossible past age 60. It’s a stroke of luck if you score a job then. So yes they can raise retirement age, but that will just create misery for all those who can’t cling to a job long enough. There‘s got to be a better way.

In Denmark, you also have to have a medical exam to maintain your drivers license after you turn 70, but they have no problem with carpenters running around on roofs until they're 74.

Re: Denmark to raise retirement age to 70

#383

Post by arandomusername »

mmooss wrote: post #240
SoftTalker wrote: post #48

Earlier quoted context omitted.

[flagged]

[flagged]

Immigration only works if the cultures are very similar so that they can assimilate, or the immigration levels are very low.

In Denmark, immigration from culturally similar countries are usually net-positive, while others are net negative (financially).

There's a reason people are choosing to vote for parties that are (publicly) anti-immigration

Re: Denmark to raise retirement age to 70

#384

Post by [deleted] »

nicolashahn wrote: post #88
CubsFan1060 wrote: post #23

Earlier quoted context omitted.

Wouldn't the fourth way be via increasing either birth rate or immigration?

Raising the birth rate is extremely difficult and immigration will destroy a country's culture if not managed properly. For an interesting case study, compare Japan (who refuses to allow mass immigration and is at risk of going extinct) and the UK (who has embraced it and is on the way to becoming Muslim-majority). It'll be interesting to see in 50 years which one has had better outcomes.

[deleted]

Re: Denmark to raise retirement age to 70

#385

Post by karaterobot »

FirmwareBurner wrote: post #381
hn_throwaway_99 wrote: post #377

Earlier quoted context omitted.

I don't buy this at all. I've hired many people in my career, and: 1. I've never had more than a max 2 year time horizon when thinking about a hire. 2. If anything, I've found younger people more likely to job hop than those 40+.

This might not be the case for your hiring principles, but this doesn't reflect the reality and statistics in my European country. People after 50 have a near zero chance of getting hired here as confirmed by the unemployment office.

I didn't see them say it's not harder getting hired over age 50, I think they're questioning that the reason is really job hopping.

Re: Denmark to raise retirement age to 70

#386

Post by brigade »

nradov wrote: post #344
instagib wrote: post #128

I would like to point to a topic about extending pilots’ mandatory retirement ages. Most pilots plus or minus retirement age are unable to pass the physical or mental demands of the job, so only 25-30% are able to work and not on short- or long-term disability. Some choose to work privately past retirement age. I don’t have any numbers for pilots who decided to leave, were forced out, or could not pass the training.…

The broken pilot training pipeline is mainly a US problem. Airlines got spoiled because the military trained thousands of pilots every year for "free", then some would go on to get civilian flying jobs. Now the military is smaller and there aren't enough experienced pilots coming out. But there's nothing preventing airlines from hiring pilot candidates with zero experience and paying them to go through flight trainin…

For pipeline capacity, it's not even really broken in the US. The airline problem is that they have to whipsaw between "growth is stalling, time to furlough our junior pilots" and "growth is now, time to hire all junior pilots with ATP minimums". But there's enough pilots being trained to handle the average.

Re: Denmark to raise retirement age to 70

#387

Post by wat10000 »

joelthelion wrote: post #342
MattPalmer1086 wrote: post #339

Earlier quoted context omitted.

People are living longer. Demographically there are fewer younger people to support them. Something has to give.

On the other hand, productivity has improved tremendously. It's not clear that we actually need everyone working.

If you’re willing to put up with 1925 living standards, you can get away with working way less than people worked in 1925, and way less than most people work in 2025.

Re: Denmark to raise retirement age to 70

#388

Post by arandomusername »

n_ary wrote: post #347
niemandhier wrote: post #193

Earlier quoted context omitted.

I can only give you the rundown for Germany, but I guess it’s similar in Denmark: Basically the state spends to much money on humans in general. A young qualified immigrant might have a less negative impact than a slightly older German person, but both of them will be money sinks in the long run. Statistically immigrants in Germany are less qualified than the general population, so they’ll have an even more negative…

> Statistically immigrants in Germany are less qualified than the general population, so they’ll have an even more negative impact. I need to see some data backing this. Also regardless of stats, many war refugees(the net negatives as told by media) are actually highly qualified but the asylum process and qualification recognition process is eternal. On top of the trauma and uncertainty, they also need to learn a new…

Most immigrants are not war refugees but economical refugees.

> they would often out qualify the average locals

That's definitely not true, which is why they want to immigrate to those countries in the first place.

Re: Denmark to raise retirement age to 70

#389

Post by sofixa »

joelthelion wrote: post #342
MattPalmer1086 wrote: post #339

Earlier quoted context omitted.

People are living longer. Demographically there are fewer younger people to support them. Something has to give.

On the other hand, productivity has improved tremendously. It's not clear that we actually need everyone working.

Jevons paradox. Productivity has increased, but so has consumption because those productivity increases have decreased cost and made many things more affordable and normal.

Re: Denmark to raise retirement age to 70

#390

Post by JelteF »

8fingerlouie wrote: post #382
manmal wrote: post #288

Where I live, people have issues getting hired past age 50, and it’s near impossible past age 60. It’s a stroke of luck if you score a job then. So yes they can raise retirement age, but that will just create misery for all those who can’t cling to a job long enough. There‘s got to be a better way.

In Denmark, you also have to have a medical exam to maintain your drivers license after you turn 70, but they have no problem with carpenters running around on roofs until they're 74.

There's a huge difference between endangering other people vs endangering only yourself.
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