One group that includes “the cost-of-living allowance” and one group, which includes the holiday allowance. Both entities are by law characterised by the fact that it is not possible to invest additional funds.
Members in the Cost-of-Living Allowance Fund
These are the members, who have means, which derive from payments of the cost-of-living allowances paid from the Danish state to LD Pensions, cf. the LD Pensions Act no. 1109 of 14 October 2014, inclusive later amendments. These means 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 the existing members cannot deposit additional funds.
Number of members
In 2020, we managed 500,000 member accounts and assets amounting to approx. DKK 32 billion.
This is a scheme, where no new members can join, and the number of members will decrease in the coming years.