Longevity Adjustment of Retirement Age

The rise in longevity is exerting pressure on public finances with increases in pension and elderly care expenses. Svend E. Hougaard Jensen, Professor of Economics at the Copenhagen Business School, discusses regulating the pension age in line with the average increasing life expectancy. His research also highlights the significance of extending these models to encompass the variability associated with physical and mental disabilities across different socio-economic groups.