Conversion of pension commitments in the Labour Market Supplementary Pension made before 1 January 2026
Official title (in Danish): Bekendtgørelse om konvertering af pensionstilsagn i Arbejdsmarkedets Tillægspension afgivet før 1. januar 2026
In short
Reading time: 1 min- What it sets out:
- The executive order sets out how ATP recalculates existing pension commitments because the state pension age has increased from 69 to 70 years for people born after 31 December 1970.
- The value of the commitments must remain the same after recalculation.
- Who: The rules apply to members of ATP who were born after 31 December 1970.
- When: The executive order entered into force on 20 April 2026.
- The executive order applies to pension commitments made before 1 January 2026.
Written by AI from verbatim quotes from the source and checked by code and AI. Dates, tables and the fact box are calculated by fixed rules. Unofficial translation. Always read the original.
For people born after 31 December 1970, the state pension age has increased from 69 to 70 years. Therefore, their ATP commitments must be recalculated.
The recalculation applies to commitments made by ATP before 1 January 2026. The value of the commitments is calculated based on ATP's interest rate and life expectancy expectations as of 31 December 2025.
The conversion takes place according to an actuarial model. The model ensures that the value of the issued pension commitments is maintained.
Conversion factors for commitments with lifelong interest are shown in annex 1. Factors for commitments with limited-term interest and market exposure can be found in annex 2.
The amounts are in the annexes – see the original.
Sources and original
Read the official text (in Danish) →
Source: Retsinformation.dk
Translated from Danish · The Danish version and the original source apply.
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- Issued · 10 April 2026
- Published in the Danish Law Gazette (Lovtidende) · 14 April 2026
- In force · 20 April 2026