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Which country has the highest retirement age?

Published in Retirement Ages 2 mins read

Based on available information, several countries currently share the distinction of having the highest common retirement age for full pension benefits. This age is uniformly set at 67 years in multiple nations.

Countries with a Retirement Age of 67

Among the countries recognized for having a high retirement age are:

  • Greece: In Greece, the retirement age for both men and women is 67. To be eligible for full pension benefits, workers are generally required to have contributed to the pension plan for a minimum of 15 years, which equates to 4,500 working days.
  • Denmark: Denmark also maintains a standard retirement age of 67 for its citizens.
  • Iceland: The typical retirement age in Iceland is set at 67.
  • Israel: Israel aligns with a retirement age of 67.
  • Italy: Italy also establishes its retirement age at 67.

These nations exemplify some of the highest retirement ages globally, reflecting various economic and social factors such as increasing life expectancies and the need for sustainable pension systems.

Overview of High Retirement Ages

To provide a clearer picture, here's a summary of countries with a retirement age of 67, as noted in current data:

Country Retirement Age (Years) Key Requirements for Full Pension Benefits
Greece 67 At least 15 years (4,500 working days) of contributions
Denmark 67
Iceland 67
Israel 67
Italy 67