Many seniors wish to contribute to society, maintain their networks and remain part of the workplace community even after reaching retirement age. But this calls for flexible solutions, planning and, not least, effort from all parties. Therefore, PFA has developed “A Danish quality standard for the late-life career”, and we offer late-life career advice to companies, organisations and individual employees.
An analysis by PFA shows that if just a quarter of seniors stayed in work for two extra years beyond retirement age and worked 25 hours a week, it would increase the labour force by the equivalent of 14,000 full-time employees. In addition there are perhaps even more important psychological and social gains: greater joy in life, a meaningful late-life career and a smoother transition to retirement for those who wish to remain in the labour market. At the same time, a longer working life provides a stronger financial foundation when the senior employee eventually retires.
A solid financial foundation in your senior years and retirement calls for planning and optimisation. PFA’s customers therefore have access to senior advisory services, which their spouse or domestic partner may also attend, ensuring that the advice covers the household’s overall finances. It is easy to gain an overview on My PFA, and, as a new initiative, we have established a dedicated senior advice line staffed by advisers with specialised expertise.
Our ambition is that our advisory services will help ease the transition from working life to retirement – and the prospect of a new daily routine – for the many thousands of people in Denmark who retire each year.
There is a need for more senior housing in Denmark, and in particular the supply of residential care facilities will soon be challenged by a growing number of older people. We are continually developing new senior housing, senior co-housing communities and nursing homes tailored to the diverse needs encountered in senior and later life. PFA has invested in senior housing and residential care facilities across the country, including two senior co-housing communities in Odense and Sønderborg. We are collaborating with OK-Fonden to build ten private sector nursing homes by 2030. In addition, we have a number of senior housing properties throughout the country.
PFA’s senior housing properties are built in accordance with a specially developed senior housing standard containing 46 recommendations that cover everything from step-free access and bathroom dimensions to good lighting at entrances and much more, all helping to create homes where residents can safely grow older in their own home.
Read more about PFA’s private sector nursing homes
Read more about PFA Senior Housing
Watch the video on new forms of housing for the 3rd age (in Danish)
Today, many people have private health insurance through their job. This cover lapses once they retire, which is why PFA has developed health insurance for the senior years. The insurance offers the same cover as the standard health insurance, allowing customers to take the sense of security they enjoyed during their working life with them into retirement.
Read more about Senior Health Insurance
