PM postpones pension age decision

Danish Prime Minister Mette Frederiksen has delayed the decision on future pension age adjustments, despite a push from coalition partners Venstre and Moderaterne to clarify this before elections. The three parties have yet to reach a consensus, with talks underway. Recently, Frederiksen affirmed Socialdemokratiet’s intent to vote for raising the pension age to 70 by 2040 following the 2006 welfare agreement, which mandates a review of the pension age every five years. Venstre proposed a working life commission to explore demographic and economic facts, but it remains uncertain if it will be established. Frederiksen acknowledges ideological differences within the coalition but believes in reaching an agreement. Other parties also seek renegotiation of the pension framework. Economists caution about the financial impacts of not increasing the pension age as planned, yet also note the affordability of the rise in the future.