Denmark’s retirement income system comprises a public basic pension scheme, a means-tested supplementary pension benefit, a fully funded defined contribution scheme, and mandatory occupational schemes.
The overall index value for the Danish system could be increased by:
- raising the level of household saving
- introducing arrangements to protect the interests of both parties in divorce
- increasing the labour force participation rate at older ages
- providing greater protection of members’ accrued benefits in the case of fraud, mismanagement or provider insolvency
The Danish index value fell slightly from 82.4 in 2014 to 81.7 in 2015 due to a number of small changes.