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Children's pension

Financial security for your children if you cannot work or die.

Children’s pension benefits provide financial security for your children if you cannot work due to illness, or you are not there to support them.

The children’s pension benefits are paid from the 1. of the month after you have been granted permanent disability pension benefits or died. The children’s pension benefits are paid until the age stipulated in the Regulations. The children’s pension benefits are also paid if your are granted temporary disability pension benefits from P+, former JØP.

Payment of children’s pension benefits also applies on retirement under P+ Regulations 1973, former JØP Regulations 1, P+ Regulations 1983, former DIP Regulations 1 and P+ Regulations 1999, former DIP Regulations 2. If you are subject to P+ Regulations 2007, former JØP Regulations 2 and admitted before 1 July 2007, payment of children’s pension also apply on retirement. Payment of children’s pension benefits starts at the same time as payment of the retirement pension benefits.

On Min pension you can see your pension covers, and if you have a children’s pension. You can find Assumptions for calculation of pensions here

If you have a pension scheme in another company, you can log on to PensionsInfo

The pension fund applies provision periods on admission, substantial increases of the monthly contribution payments and changes to the pension scheme. You can read more here

Your children, adopted children and stepchildren who you support are entitled to children’s pension benefits.

The relationship with a possible stepchild must be established before the child reaches age 18. A stepchild’s right to children’s pension benefits requires that you are married to the child’s mother/father. However, there will be paid children’s pension benefits on death to a cohabitant’s child in P+, former JØP. Children who are conceived after the member’s transition to disability or retirement pension are not entitled to children’s pension benefits.

The monthly pension benefits are taxed as personal income, i.e. they are not subject to payment of labour market contributions (8 percent). If payment of children’s pension benefits can be included in the child’s personal allowance, the payment is in practice tax-exempt.

You can read more about the factors which may impact on your pension benefits here

Yes, all monthly pension benefits in payment can change – both positively and negatively. The size of the benefits are normally determined annually.

Below, you can see the pensions that are paid monthly:

  • Permanent and temporary disability pension
  • Lifelong retirement pension
  • Spouse’s pension
  • Spouse’s or cohabitant’s pension
  • Children’s pension
  • Supplementary retirement pension
  • Annuity certain


On the pension scheme you can see your pension products and how they are paid. You can read about the factors which impact on your pension benefits here

The majority can determine the size of the children's pension themselves, or they can opt out of it. However, there are exceptions - e.g. if you receive pension benefits. You can log in to Min pension and see your possibilities, or you can contact us. 

 

The children's pension can as a maximum account for 20 percent of the retirement pension at age 68 or 20 percent of your salary at the time of entering into the agreement.