ATP
What does it mean?
ATP — Labour Market Supplementary Pension — is a mandatory pension scheme for almost all employees and unemployment benefit recipients in Denmark. The scheme is established by law and administered by the ATP fund.
Contributions are calculated from your working hours, not your salary. For a full-time employee the total ATP contribution is 297 DKK per month — 3,564 DKK per year (A-rate 2026). You as employee pay one third (99 DKK/month) and your employer pays the remaining two thirds (198 DKK/month). The contribution appears on your payslip and is tax-deductible.
The pension is paid as a lifelong monthly benefit from state pension age (67 for those born after 1967). The amount depends on how many years and hours you have contributed — if you worked full-time throughout your adult life, you can expect a monthly benefit of around 3,000–4,000 DKK gross. ATP does not replace private pension savings but supplements the state pension.
Besides old-age pension, the ATP scheme includes death cover: if you die before state pension age, a sum is paid to your survivors. ATP also provides access to digital self-service at minATP.dk, where you can view your savings and update your details.
For part-time employees, students in student jobs and unemployed benefit recipients, contributions are calculated proportionally. If you are self-employed, ATP is voluntary.
Magnus Villumsen
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