Danes mirror the British experience
As the official retirement age is 67 in Denmark, teachers generally cannot leave until their early sixties. They receive a small reduction in their pension; there is no enhancement, but the pension will be based on their years of service.
Denmark, like the UK, needs to retain as many experienced teachers as possible to avoid a shortage. The average age of teachers is now around 46 and, following a slump in the birthrate, relatively few new members joined the profession in the 1980s.
Although the Danish government says it does not want to forbid early retirement, it is considering cheaper alternatives and it has already introduced savings in the superannuation system.
Along with their colleagues in Germany, Danish teachers used to enjoy the status of civil servants, who have their entire pension contributions paid by the government. Nowadays, teachers are employed directly by the local authorities and they must pay into a real pension fund.
Incentives are now being considered to encourage teachers to stay on. One option could be a part-time pension, which would, for instance, allow teachers who reduced their hours to three days a week to collect two-fifths of their pension.
Another Danish suggestion is very similar to "stepping-down"; teachers would be able to switch to a post with less responsibility, while still preserving most of their pensions.