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 a divorce
- increasing the labour force participation rate at older ages as life expectancies rise
The Danish index value fell slightly from 81.7 in 2015 to 80.5 in 2016 due to a number of small changes.