IconCosts 

    Administrative costs

    Here you can see the administrative costs related to a pension scheme in P+.

    The direct administrative costs are determined by the Board. The cost rates appear from the technical basis which is reported to the Danish Financial Supervisory Authority. The cost rates can at any time be changed prospectively. Below costs apply in 2023.

    Pension schemes with regular payments:

    • The administrative costs account for DKK 20 of the monthly pension contribution.
    • The administrative costs account for DKK 20 of each single contribution (extra payment).
    • The monthly administrative fee accounts for DKK 15 per pension agreement.


    Annuity certain, endowment policy, retirement insurance and supplementary retirement pension:

    • The administrative costs account for DKK 0 of the monthly pension contributions and each single contribution.
    • The monthly administrative fee accounts for DKK 5 per pension agreement.
    • The monthly payment fee per pension agreement for pension schemes with regular payments accounts for DKK 25 per benefit payment.
    • The monthly payment fee per pension agreement for annuities certain and supplementary retirement pension accounts for DKK 10 per benefit payment.

    Spouse’s and cohabitant’s pension as well as children’s pension

     

    Pension schemes with regular payments:

    • The monthly payment fee accounts for DKK 15 per benefit payment.

     

    Annuity certain, endowment policy, retirement insurance and supplementary retirement pension:

    • The monthly payment fee accounts for DKK 5 per benefit payment.

    The fee accounts for DKK 1,000 regardless of the size of the cash compensation.

    • Transfer of pension savings to P+ from another company: DKK 0,00.
    • Transfer of pension savings from P+ to another company: DKK 1,000. However, transfer of savings accounting for less than DKK 20,000 is free of charge.