For 23 years, PensionDanmark has led a VAT case against the Danish Ministry of Taxation. A settlement has now been reached according to which PensionDanmark will receive over 200 million DKK in VAT refund in addition to interests thereof.
“2014 was a record year for PensionDanmark, evidenced by returns of over 16 billion DKK, marked increase in member contributions and a total balance amounting to 170 billion DKK”, says CEO, Torben Möger Pedersen, PensionDanmark.
PensionDanmark is a not-for-profit labour market pension fund established in 1993. It offers defined contribution pension, insurance and health care products on the basis of collective agreements covering more than 660,000 individuals employed in 24,800 companies within the private and public sector.
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We are responsible for the pensions of both blue-collar and lower-wage white collar workers within a number of industries.