Conference Agenda

Overview and details of the sessions of this conference. Program and schedule of sessions are subject to change.
Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).

 
Only Sessions at Location/Venue 
 
Session Overview
Session
Keynote 3: Challenges to the Implementation of Indexation of Retirement Age
Time:
Thursday, 21/Mar/2024:
9:30am - 10:00am

Session Chair: Christina Westphal
Location: ESA-B


Presenter: Cosmo Strozza (Denmark)

Session Abstract

Cosmo Strozza (Denmark): Challenges to the Implementation of Indexation of Retirement Age: Lessons Learned from Denmark

In aging societies, policies are crucial for pension system sustainability. Some high-income countries, including Denmark, index their statutory retirement age to life expectancy. However, concerns arise about potential harm to segments of their populations at higher risk of premature death when increasing retirement age based on overall survival. The focus of the presentation is on social inequalities in survival, notably among low-income men, revealing a widening gap over time in Denmark. The study highlights the double effect of the indexation policy. While effectively reducing the number of years lived in retirement, it predominantly impacts the most advantaged group. Simultaneously, the policy fails to diminish survival inequalities to retirement age, leaving the least advantaged group unable to close the gap. This highlights the importance of considering social inequalities in planning pension policies, emphasizing the need for comprehensive social and health policies to address these challenges effectively.