Experience from the first adjustment of the voluntary early retirement pension age starting in 2014 has been encouraging (Danish Ministry of Finance, 2017(44]) and has supported a significant increase in the employment rate among 55-64 year olds (Figure 19, Panel B). Measures have also been taken to encourage people in work to opt-out of the early retirement scheme, in the labour force below age 50, less than 10% will be entitled to early retirement when they reach the relevant age. Nevertheless, the senior employment rate remains below those of Norway and Sweden.