Due to the low level of interest rates, it is no longer possible to choose Danica Traditionel. Also, if you already have Danica Traditionel, you cannot make extra contributions to the scheme. Instead, we recommend Danica Balance.

Feel free to call us on +45 70 11 25 25 if you have any questions about your Danica Traditionel scheme.

The return on your savings is determined on a regular basis. We call this the rate of interest on policyholders’ savings. It is determined based on the economic situation, investments for the year and the outlook for the coming years. In periods when things are going well, we usually raise the rate of interest on policyholders’ savings, and in periods when things are not going well, we may lower it. We make sure that the interest rate does not fluctuate too much.

Click here (In Danish only) to see the rate of interest on policyholders’ savings.

Learn more about interest rate, risk, and cost groups ( In Danish Only).

With Danica Traditionel, you are guaranteed a minimum amount when you retire, as the scheme includes a minimum payout guarantee. The guaranteed amount depends on when your scheme was set up.

If the rate of interest on policyholders’ savings is higher than expected, your payout will also be higher than the guaranteed amount.

When you set up a pension scheme, you also choose how you want your pension savings to be paid out when you retire. You may receive a lump sum or regular benefits – and for different periods of your retirement. Your pension scheme will be set up as a retirement savings scheme, an annuity pension scheme or a life annuity.

Learn more about your payout options.

Pension savings adjustment or bonus

If we decide to increase the amount of benefits, we can do so in two ways. Either through a non-guaranteed increase, which can be reversed at a later date – we call this pension savings adjustment – or through a guaranteed increase, which cannot be reversed – we call this a bonus.

Statsanstalten for Livsforsikring was privatised in 1990 and is now part of Danica Pension. As part of the privatisation agreement, customers from Statsanstalten for Livsforsikring are entitled to a share of Danica Pension's profit if its dividends or equity reach a specific level. The agreement comprises customers that have schemes with bonus entitlement.

The special allotments are distributed in the first half of April on the basis of the annual accounts for the previous year, after which they appear in the customers’ account summary in Netpension.