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| Content Provider | Oxford Academic |
|---|---|
| Author | Fritz von Nordheim Kvist, Jon |
| Editor | Caroline de la Porte |
| Abstract | With the Danish life expectancy indexing of pensionable ages as case, this chapter examines to what extent a policy that objectively can help avoid recurrent conflicts as well as large economic and social challenges, can be deemed a success, even though it fits poorly with the PPPE model, as it was adopted, tightened, and continued without involving major stakeholders, and is neither fair nor popular. After briefly introducing the demographic challenges to pensions and explaining the positive potential of linking the pensionable age to developments in longevity, the chapter presents the paradoxes of the Danish case. In 2006 Denmark was a rather unlikely candidate to take a vanguard position in pension reform. Its economic situation and the fiscal health of the pension system in no way necessitated such a policy. Raising the pensionable age did not fit the priorities of most of the political parties that supported its initiation. Even more remarkable: the policy was tightened in 2011 by a government in which the main parties had campaigned against it and it was first implemented (2014) and later continued (2020) by other reluctant governments. Given these oddities, the focus is on explaining which constellation of circumstances and actors allowed such a novel pension policy to be adopted and continued, how this conditioning affected its design, implementation and longer-term effects, and assessing to what degree and in what ways it has been, is and may continue to be a 'successful' policy in certain dimensions. |
| Related Links | https://academic.oup.com/book/44441/chapter/376662476/chapter-pdf/49827374/oso-9780192856296-chapter-5.pdf |
| Ending Page | 107 |
| Starting Page | 88 |
| ISBN | 9780192856296 |
| DOI | 10.1093/oso/9780192856296.003.0005 |
| e-ISBN | 9780191946714 |
| Language | English |
| Publisher | Oxford University Press |
| Publisher Date | 2022-09-22 |
| Access Restriction | Open |
| Subject Keyword | Political Theory Politics Social Sciences Pension Reform Longevity Indexing Early Retirement Denmark |
| Content Type | Text |
| Resource Type | Chapter |
| Subject | Social Sciences |
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