The term pension benefits are paid at the same time as MemberFunds (15 years). If MemberFunds (15 years) are in payment, the term pension benefits are paid as long as MemberFunds (15 years) are paid. In the event of death before the entire amount is paid, the remaining amount is paid as a lump sum.
In connection with the merger between JØP and DIP, the members under contribution group QHHH og RHHH had a part of their MemberFunds (15 years) transferred to their deposits. A part of MemberFunds (15 years) weas transferred to a term pension. This means that your part of the pension fund’s basic own funds need has been reduced. The transfer was effected retrospectively from the completion of the merger on 1 January 2019.
Below you can see the breakdown between MemberFunds (15 years) and Term pension on 31 December 2019:
Contribution group QHHH:
- MemberFunds (15 years): 48 percent
- Term pension: 52 percent
Contribution group RHHH:
- MemberFunds (15 years): 45 percent
- Term pension: 55 percent
The relation between the term pension and MemberFunds (15 years) will change continually as e.g. interest payment of the two is different.
You can read more about MemberFunds (15 years) here
In the event of death the savings are paid to the beneficiaries. This applies both in the event of death during the payment period and before the payment has started.
You can read more about benefit here
No, you cannot pay contributions to the term pension.
Interest on the term pension is payable at the deposit interest rate of the contribution group. You can read more about deposit interest rates here
You can find your contribution group on Min pension under Medlemskab and the paragraph Dine oplysninger.