Temporary disability pension

The insurance is discontinued when you reach age 65 unless it is already in payment. This means that you must have been granted temporary disability pension benefits and have received the first payment no later than when you are 64 and 11 months old.

The temporary disability pension cover applies to pension schemes under P+ Regulations 2011, former DIP Regulations 4 and P+ Regulations 2019 .

You cannot set up a temporary disability pension if:

• you are receiving pension benefits
• special conditions apply to your pension scheme. 

If you want to opt for or opt out of the pension cover, you must contact us

The pension fund does not require health information, but applies provision periods on admission, substantial increases of the monthly pension contribution and changes to the pension scheme instead of submission of health information. You can read more here

Yes, if your employer has entered into a special agreement with P+, the pension benefits will be paid to your employer who must retain you.

You can choose that the disability pension benefits account for up to 80 percent of your salary at the time of accepting the agreement. The disability pension can always account for up to 100 percent of the retirement pension. The temporary disability pension benefits must correspond to the disability pension benefits.

Kronedækning
If you choose that the disability pension benefits should account for a specific amount, the pension is set up as a kronedækning. If your income changes significantly, you must contact us if you want to adjust the disability pension. A kronedækning may imply that the other pension benefits in the pension scheme are reduced.

On transition til dormant membership, a kronedækning is changed to a procentdækning. Read more about payment here

If you want opt for/opt out of the temporary disability pension, please contact us

The pension fund must effect a deduction from your disability pension benefits if you have a salary income. We will inform you about the rules when you are granted disability pension.

From 1 January 2021 there are changed rules on deduction from the disability pension benefits if you have a salary or earned income of more than DKK 275,000 annually before tax.

Salary and earned income are salary income, including fees, surplus deriving from own business and public salary supplements.

Deduction from 1 January 2021
If you have an annual salary or earned income exceeding the basic deduction of DKK 275,000, an amount equaling 75 percent of the difference between the income and the basic deduction is deducted from the disability pension benefit.

If you e.g. earn DKK 350,000 annually and receive DKK 200,000 in disability pension benefits annually, the deduction accounts for:

Example:

In this case, the deduction from the disability pension benefit account for DKK 56,250.

Should you do anything in relation to the new rules?
No. If you are receiving disability pension benefits from P+, we will contact you for information about whether you expect to receive other income. We may also need to get documentation from SKAT or have a copy of your company accounts if you are self-employed.

If you expect to have an income of more than DKK 275,000 annually before tax for the income year 2021, we adjust your current monthly pension benefits effective as from 1 January 2021.

The monthly pension benefits are taxed as personal income, i.e. they are not subject to payment of labour market contributions (8 percent).

If  you want to apply for payment of temporary disability pension benefits, you must contact us. We will send you an application form, a declaration of consent and a medical certificate. You must complete the application form and the declaration of consent yourself, while your GP ( general practitioner or attending medical specialist) must complete the medical certificate.

The GP sends the completed medical certificate to P+, and we pay the fee. You must send the other documents to us which you can do here

Your GP may want you to send us the medical certificate – in any case, we settle payment of the fee with the GP.

You can read more about the factors which might 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 covers and how they are paid. You can read about the factors which impact on your pension benefits here