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Jensen, S., Pedersen, T., Foxman, T. Experiences with Occupational Pensions in Denmark. Vierteljahrshefte zur Wirtschaftsforschung, 88(1), 11-30. https://doi.org/10.3790/vjh.88.1.11
Jensen, Svend E. Hougaard; Pedersen, Torben Möger and Foxman, Tove Birgitte "Experiences with Occupational Pensions in Denmark" Vierteljahrshefte zur Wirtschaftsforschung 88.1, , 11-30. https://doi.org/10.3790/vjh.88.1.11
Jensen, Svend E. Hougaard/Pedersen, Torben Möger/Foxman, Tove Birgitte: Experiences with Occupational Pensions in Denmark, in: Vierteljahrshefte zur Wirtschaftsforschung, vol. 88, iss. 1, 11-30, [online] https://doi.org/10.3790/vjh.88.1.11
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Experiences with Occupational Pensions in Denmark

Jensen, Svend E. Hougaard | Pedersen, Torben Möger | Foxman, Tove Birgitte

Vierteljahrshefte zur Wirtschaftsforschung, Vol. 88 (2019), Iss. 1 : pp. 11–30

2 Citations (CrossRef)

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Article Details

Publisher Name
Duncker & Humblot
DOI
https://doi.org/10.3790/vjh.88.1.11
Language
English
Pages
20
Keywords

Author Details

Svend E. Hougaard Jensen, Department of Economics, Copenhagen Business School, Porcelaenshaven 16 A, 2000 Frederiksberg C, Denmark, shj.eco@cbs.dk

Torben Möger Pedersen, PensionDanmark, Langelinie Allé 43, 2100 København Ø, Denmark, tmp@pension.dk

Tove Birgitte Foxman, Pension Danmark, Langelinie Allé 43, 2100 København Ø, Denmark, tbf@pension.dk

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    Investment Management and Financial Innovations, Vol. 18 (2021), Iss. 4 P.111

    https://doi.org/10.21511/imfi.18(4).2021.10 [Citations: 2]

  2. Financial Crises and Current Account Surpluses

    Zoega, Gylfi

    Atlantic Economic Journal, Vol. 49 (2021), Iss. 2 P.159

    https://doi.org/10.1007/s11293-021-09718-1 [Citations: 1]

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Abstract

Summary: 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.

Table of Contents

Section Title Page Action Price
Svend E. Hougaard/ Jensen, Torben Möger Pedersen, and Tove Birgitte Foxmann: Experiences with Occupational Pensions in Denmark* 11
Summary 11
Zusammenfassung 11
1 Introduction 12
2 Key Features of the Danish Pension System 12
2.1 A broad overview 12
3 The Importance of OP Schemes for the Danish Economy 19
3.1 A gradual phase-out of the OP schemes 19
3.2 Converting from an ETT to a TTE principle of taxation 11
4 Further Perspectives and Lessons for Other Countries 11
References 11

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