The payment course shows the pension benefits calculated in current value. This means that we have allowed for inflation and show the actual purchasing power of the pension benefits. This makes it possible to assess how the purchasing power of the pension benefits develops. Accordingly, we have allowed for that DKK 100 is not worth the same in 5 years as it is today.
The payment course must as a standard show the first year that the pension benefits are paid as well as the 5. and 15. year. If payment of pension benefits is discontinued, e.g. an annuity certain after 10 years or MemberFunds (15 years) after 15 years, the pension statement will also show a pension forecast the last year that the pension benefits in question are paid as well as the year after that the payment is discontinued. This will often result in a larger fall in the pension benefits compared to the 5. year.
You can read more about payment course and adjustment of the pension here