When you are self-employed, contributions to ATP Livslang Pension are voluntary
There are several advantages of paying to your ATP Livslang Pension:
- You will receive a supplement to your state-funded old age pension from the day you first draw your pension until the day you die.
- If you are married, you have a common-law spouse, or you have children, they can be paid a lump sum if you die before you turn 70.
- If your spouse works for you (without any salary agreement), your spouse can also pay a contribution to their own ATP Livslang Pension.
- You obtain a cheap and lifelong pension.
What it costs
It costs DKK 284.00 a month to maintain this pension at ATP.
The amount can be deducted from your taxable income.
You must pay a contribution to ATP Livslang Pension each quarter.
Please note that you are only covered by the scheme as long as you pay your contributions on time.