Rising life expectancy and ageing populations are prompting more European countries to increase the retirement age in order to safeguard pension systems. Analysis by mind RH found that a third of the 31 countries surveyed have opted to link the retirement age to life expectancy, allowing regular adjustments as working lives lengthen. Between 2020 and 2024, the employment rate among 55- to 64-year-olds in the EU rose from 59%to more than 65% on average.
Governments across Europe are increasingly looking to higher statutory retirement ages as a key tool to boost employment among older workers and preserve the sustainability of pension systems. Of the 31 countries studied by mind RH, 16 have been gradually raising the retirement age for more than 10 years now, such as Germany (starting in 2012), or are preparing to do so, like the UK, which has planned to raise the age from 66 to 67 between 2026 and 2028. The subject is also currently being deba
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Article authors
Nathalie Tran
Editor-in-Chief Mind HR
Antoine Piel
Section Head at Mind HR