Experiences with Occupational Pensions in Denmark

Artikel

This paper focuses on the development of the funded, occupational pension (OP) system in Denmark. Launched in 1987, as a grand agreement between social partners backed by the government, and as part of the collective wage bargaining process, the Danish OP system differs from the set-up in most other countries, where OP schemes typically have been introduced as part of the legislative process. The OP schemes, being a major component of the overall Danish pension system, have attracted a lot of international attention in recent years and play a key role behind the system’s success with respect to achieving satisfactory coverage, providing high replacement rates and not least, for keeping fiscal policy on a sustainable path. Finally, the paper discusses a number of future challenges, mainly related to the interaction between private and public pensions in a welfare state.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Vierteljahrshefte zur Wirtschaftsforschung ; ISSN: 1861-1559 ; Volume: 88 ; Year: 2019 ; Issue: 1 ; Pages: 11-30 ; Berlin: Duncker & Humblot

Classification and Topics

• Classification: Wirtschaft ; Computable and Other Applied General Equilibrium Models ; Macroeconomics: Consumption; Saving; Wealth ; Social Security and Public Pensions ; Forecasts of Budgets, Deficits, and Debt ; Demographic Trends, Macroeconomic Effects, and Forecasts ; Retirement; Retirement Policies
• Subject: Occupational pensions ; pension taxation ; fiscal sustainability ; saving ; retirement

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Jensen, Svend E. Hougaard ; Pedersen, Torben Möger ; Foxman, Tove Birgitte
• Event: Veröffentlichung
• (who): Duncker & Humblot
• (where): Berlin
• (when): 2019

Further information

• DOI: doi:10.3790/vjh.88.1.11
• Handle: http://hdl.handle.net/10419/215466
• Last update: 10.03.2025, 11:42 AM CET