One group comprising the ‘cost-of-living allowance’ and another group comprising the holiday allowance. Both are, by law, characterised by the fact that it is not possible to invest additional funds.
Members of the Cost-of-Living Allowance Fund
These are the members whose funds derive from payments of cost-of-living allowances made by the Danish state to LD Pensions, cf. the LD Pensions Act No. 1109 of 14 October 2014, including subsequent amendments. These funds belong to a limited group of members who were employed in Denmark from August 1977 to August 1979. There is no influx of new members, and existing members cannot make additional contributions.
Number of members
In 2020, we managed 500,000 member accounts and assets totalling approximately DKK 32 billion.
This is a scheme in which no new members can join, and the number of members will decrease in the coming years.
