In its report "Pensions at a Glance 2023", the Organization for Economic Cooperation and Development (OECD) estimates that, based on the legislative framework in force in various countries, the average age of access to normal retirement should increase in two years until the 2060's, to age 68.3.
"In the future, and taking into account the measures already legislated, the average normal retirement age in the OECD will increase by two years, to 68.3 years, for a man entering the job market in 2022", states the document, highlighting that there will be an increase in 20 of the 38 OECD countries, with a further three countries increasing the normal retirement age only for women.
In Portugal and other countries where the retirement age is indexed to average life expectancy, the increase will be more pronounced than that average, with the report estimating that, here, it will rise from the current 65.6 years to 68 years in the 2060s -for those who entered the job market in 2022.
There are seven countries with steeper increases, on a list headed by Denmark (in which that age will rise from 67 to 74 years), followed by Italy (from 65 to 71 years) or Estonia (64.3 to 71 years).
The report also dedicates a chapter to special retirement regimes for dangerous or painful professions, highlighting that the problems linked to these professions "should essentially be addressed by policies" that are not included in the field of old-age pensions.
Therefore, the document highlights, that one of the first priorities should be improving working conditions.
Considering life expectancy one of these days the Portuguese males retiring age will be 10 minutes before death, time for a last hug to close relatives and friends!
By Tony Fernandes from Other on 13 Dec 2023, 17:37
The socialists have to suck their money from somewhere
By Edmund from Lisbon on 14 Dec 2023, 01:49