If the current development continues, in the future there will be more retired people than the working population. This means that Denmark will have difficulties covering pensions and elderly care costs. This scenario is a real crisis that most European countries will have to face in the near future.
- Over the last couple of years, different ideas on how to deal with this crisis have been presented. The latest one comes from a social democratic politician who proposed a personal savings account for elderly care, just like we do with our private pensions. So, basically, gather the money you need for old age care while you are still working.
- As you can imagine, this idea has caused outrage in Denmark. People are concerned that in this way, some people will be able to afford better elderly care than others, due to differences in income.
