ATP Livslang Pension

ATP Livslang Pension

Employer

It is a statutory requirement to pay ATP contributions for your employees.

When you report and pay ATP contributions, your employees will be entitled to ATP Livslang Pension (lifelong pension). ATP Livslang Pension is automatically paid out to employees when they reach the state pension age.

As an employer, you must pay 2/3 of the contribution and the employee must pay 1/3 of the contribution through their salary.

Information regarding ATP contributions will be sent to your company via Digital Post on Virk.

Please note that the amount of the ATP contribution increased as of 1 January 2024. This means that the type ‘A’ contribution increased by DKK 156 to DKK 3,564 per year for full-time employees.

Contribution rates

The rates are divided into different contributions, depending on the employee’s number of working hours and how the employee is paid:

  • monthly

  • bi-weekly

  • weekly

  • casual worker.

As an employer, you must report ATP contributions with an A-rate.

Conditions

If you have employees who work in Denmark, you must pay ATP contributions for them unless they are covered by social security in another country.

In general, you are required to pay ATP contributions on behalf of your employees when they:

  • are employees

  • are aged 16 or more (there is no upper age limit)

  • work in Denmark or are posted by a Danish employer to work in another country

  • work at least nine hours per week

  • work at least 18 hours in a two-week period

  • work at least 39 hours per month.

You are also required to pay ATP contributions on behalf of employees who continue working while drawing ATP Livslang Pension.

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Are you in doubt about which employees you need to pay ATP contributions for?

Calculation

ATP contributions are calculated on the basis of the total number of hours in the individual salary period.

Hours’ is to be understood as - besides the actual amount of hours worked - also hours that can be considered working hours. Hours are working hours if you pay salary or other remuneration (for example, course hours, time off in lieu, breaks, senior days off and the like).

The hours are distributed based on salary periods

When the amount of hours for the salary period are measured, the hours must be included in the salary periods wherein the work was completed, the course was held, etc. This also applies to overtime work hours that are not taken as time off in lieu or which cannot be taken as time off in lieu (for example, due to a dismissal or resignation).

If the employee has a work schedule specified in advance with different numbers of working hours in the individual salary periods, you must measure the number of hours for the entire work schedule period. Then you must distribute the hours evenly between the salary periods of the work schedule period.

How to calculate

Reporting

Both the company's and the employee's share of the ATP contribution must be reported. Use E-income for reporting ATP contributions on behalf of your employees – both the company's and the employee's share of the ATP contribution. Each quarter, the ATP contribution is collected based on your reporting in E-income.

If you cannot use E-income

If you cannot use E-income, you need to report ATP contributions on behalf of your employees using the self-service option below. ATP Livslang Pension will send you a payment collection form only if reporting has been received from you.

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Payment

Once you have reported ATP contributions, you will receive a payment order via Digital Post. If the company is registered outside of Denmark, you will get the payment order by regular mail to the company's address.

Log on to Digital Post 

The payment order comes from Samlet Betaling, which invoices ATP contributions and 8 other statutory contributions.

You must pay the total ATP contributions for your employees. This means both your share as an employer and the employee’s share.1/3 of the contribution must be deducted from the employee’s salary.

How to pay your ATP contributions

The ATP contributions must be paid together with a number of other statutory contributions. Samlet Betaling will invoice the contributions four times per year. In the payment order, you can see how much you need to pay for each type of contribution.

There are several options when paying ATP contributions to Samlet Betaling.

Payment options

  • Via a payment order sent through Digital Post: By default, you will receive a single payment order in Digital Post for the ATP contributions and the other contributions to Samlet Betaling. You can pay this via your online bank.

  • Via an automatic payment service agreement: You can set up an automatic payment service agreement (BS agreement) for Samlet Betaling where the ATP contributions are automatically paid together with your other contributions to Samlet Betaling. Please note that if you have previously had a BS agreement for the ATP contributions alone, ATP will no longer use thi sagreement. Create a BS agreement for Samlet Betaling.

  • Via a payroll service bureau or payroll system: You can pay your ATP contributions and other contributions to Samlet Betaling via a payroll service agency or payroll system. Please note that if you choose this option, you will pay your ATP contributions separately from the other contributions to Samlet Betaling.

  • Paying from a foreign account: If you have a company abroad or a foreign bank, you must pay your ATP contributions and other contributions to Samlet Betaling by international bank transfer. You will need to use the following payment details:

    • Danske Bank Holmens Kanal 2-12 1092 Copenhagen K

    • BIC/SWIFT: DABADKKK

    • IBAN: DK30 0216 4069201474

    • Remember to state the company’s CVR/SE no. in the message to the recipient

ATP contributions cannot be paid via e-invoicing (‘e-fakturering’). ATP contributions can only be paid in one of the ways mentioned in Executive Order no. 1622 of 12 December 2023 on the Labour Market Supplementary Pension Fund’s joint collection of contributions. Read the executive order.

If you have reported ATP contributions, you must pay on time even if you have not received a payment order.

If you are missing your payment order, please contact Samlet Betaling as soon as possible so that your payment can be made on time.

See an overview of your company’s reports and payments to ATP Livslang Pension (in Danish)

Go to self-service

Deadlines for reporting and payment

As a company, you must pay ATP contributions every quarter.

In 2024 there are new payment dates because the ATP contribution will be collected by Samlet Betaling in the future. Below you can see the reporting and payment dates for 2024.

QuarterReporting dateFinal date of payment
Q1 202410 April 20241 July 2024
Q2 202410 July 20241 October 2024
Q3 202410 October 20241 January 2025
Q4 202410 January 20251 April 2025

In order for the amount to be paid on time, it must be withdrawn from the company’s account by the last payment date. If thepayment deadline is a Saturday, Sunday or public holiday, the deadline date for payment is the fi rst working day after.

Due date

The due date is the date from which interest accrues if ATP Livslang Pension receives your payment later than the due date for payment. For payments regarding Q1 2024 or later the due date and final date of payment are the same.

Reminders letters and late payment

If you do not pay your ATP contributions on time, Samlet Betaling will send you a reminder. Both the payment order and reminder aresent via Digital Post on Virk.dk. If the company is registered outside of Denmark, you will get the payment order and reminder byregular mail to the company's address.

If your payment is late, Samlet Betaling will charge interests from the due date until Samlet Betaling has received the payment.Samlet Betaling charges interest in accordance with the Danish act on paying interest for late payments. The interest rate is an annualinterest rate corresponding to Nationalbanken’s offi cial lending rate plus 8 per cent.

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Legislation etc.

Here you can find information on legislation, how to complain and read about how we process personal data.

Legal guidance

How to complain

If you are not satisfied with how you have been treated, you are welcome to contact ATP Livslang Pension.

How we process personal data

In the following, you can learn more about what data ATP Livslang Pension processes, how we process the data and your rights in that connection.

Read more about the processing of your personal data

Written by: ATP Livslang Pension Updated 23.05.2024
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