When I’m Old – Who Will Pay Then?
Denmark has the best pension system in the world
It’s free to dream of a good old age – but who will pay for it? In Denmark, the answer comes in three parts: the state, the employer, and the individual.
This three-part combination is one of the reasons why the Danish pension system has been named the best in the world, according to the Melbourne Mercer Global Pension Index. The system is strong and sustainable – even as a growing number of elderly people must be taken care of by a falling number of younger people.
Anyone who has the ability can save up for their retirement. But this solution is not the only one. In addition to the individual’s savings, there’s the Danish state pension and the labour market pension. The combination of these three ways to create a financially sound old age is part of what makes the Danish pension system the best in the world.
Experience the story of the Danish pension system on the second floor of the museum.