ATP’s role in the Danish pension system

ATP’s role in the pension system is clear: To provide financial security together with the state pension with a guaranteed and fixed benefit for life. No matter how old one gets.

ATP is part of the basic amount provided to pensioners in the Danish pension system. For 35 per cent of pensioners in Denmark, their current retirement income comes solely from their public pensions and ATP payments. The labour market pensions that have grown for the people in active employment in Denmark over the past 30 years are still not yet a reality for almost half of all current pensioners.

This means that ATP Livslang Pension (Lifelong Pension), together with public pensions, forms the main supporting pillar of the Danish pension system. The Danish pension system is built on three pillars: ATP Livslang Pension (Lifelong Pension) and state pension (pillar 1), collective labour market pensions (pillar 2) and voluntary private pensions (pillar 3).

We contribute to ensuring basic financial security

Along with the state pension, ATP provides basic financial security for a large part of the population.

Three out of four Danish kroner paid out in pensions come from the state pensions and ATP.

The retirement benefits from the public sector and ATP are still the major source of income for pensioners in Denmark, and that will continue to be the case for many more years.

(Graphic) State pension, ATP Livslang Pension (Lifelong Pension), Labour market pension, Individual pension