Pension benefits for as long as you live, no matter how old you live to be. For members of P+, former JØP.
A lifelong retirement pension provides a regular income your entire life, no matter how old you live to be. You do not have to worry about if you have enough savings in a time with increasing longevity.
Supplementary retirement pension is an offer for extra payments to your retirement pension in addition to the lifelong retirement pension in P+, former JØP. There are no insurance covers included.
If you only want to increase your savings for the lifelong retirement pension, it may be a good idea to set up a supplementary retirement pension. You must be aware that there are no payments to your next of kin – neither on retirement nor death.
If you have a pension scheme under P+ Regulations 2007, former JØP Regulations 2, you do not have to set up a supplementary retirement pension to improve your lifelong retirement pesion benefits. Under these Regulations you have the possibility of freezing the insurance covers, so that extra payments are used for increasing the lifelong retirement pension. If you freeze the insurance covers, they are adjusted annually with the retail prices index to maintain the purchasing power.
If you want to freeze the insurance covers in your pension scheme under P+ Regulations 2007, former JØP Regulations 2, you must contact us
Yes, there are extra administrative costs. Read more here
You can see your pension covers on Min pension. Here you can also see when they can be paid and get a pension forecast at different ages. If you are paying contributions, the pension forecast presupposes that the payment is continued until the given age. You can find Assumptions for calculation of the pensions here
If you have pension schemes in other companies or banks, you can log in to PensionsInfo. When you have a pension scheme in several companies, you should be aware that the pension benefits are not necessarily payable at the same age. Normally, it appears from PensionsInfo when the pension benefits can be paid.
You can read more about when the pension benefits can be paid here
You can read about the rules on contribution payments here
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:
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
We have made a list of useful information when you start planning your life as a full-time or part-time pensioner. Read more here
You must contact us approx. 2 months before you want to retire and start payment of your pension savings.
You can apply for payment of your pension benefits here