History
PensionDanmark was established by a group of labour unions and employer organisations for the purpose of managing the pension agreements that have been part of the collective agreements since the beginning some 30 years ago, entitling all blue collar workers covered by a collective agreement to pension benefits from PensionDanmark.
2020
PensionDanmark invests in the world’s largest renewable energy infrastructure fund
PensionDanmark has committed 500 million EUR to CI IV, the new fund established by Copenhagen Infrastructure Partners. The fund is on track to become one of the largest renewable energy infrastructure funds ever raised globally and is thus an important contributor to the realization of the global climate ambitions.
2019
New investments in 50bn USD in green transition
A joined Danish pension industry commits itself to invest 50bn USD in green transition in 2030 and PensionDanmark is ready to lead the wayin order to achieve the goals of the Paris Agreement and United Nations’ Social Development Goals.
PensionDanmark co-founds a global investor alliance ensuring carbon neutrality
An alliance of the world’s largest investors - the Net-Zero Asset Owner Alliance - responsible for more than USD 2,000bn in investments have committed to act now to ensure that their investment portfolios are carbon neutral by 2050.
PensionDanmark invests in renewable energy in growth economies
PensionDanmark has given an investment commitment of USD 250m to Copenhagen Infrastructure Partners’ New Markets Fund.
2018
European award to PensionDanmark’s CEO
PensionDanmark’s CEO was awarded Outstanding Industry Contribution.
European Pension Fund of the Year
PensionDanmark was awarded European Pension Fund of the Year – for the fourth time.
2017
Growth in assets under management
The more than 700,000 members achieve a collected pension balance of 230 bn DKK.
European Award to PensionDanmark
IPE awards PensionDanmark as the European Pension Fund of the Year.
PensionDanmark teams up with A.P. Moller Holding in new Africa infrastructure fund
In collaboration with A.P. Møller Holding PensionDanmark commits USD 550m in total to the new infrastructure fund, Africa Infrastructure Fund I.
PensionDanmark’s advisory bus hits the road
PensionDanmark’s new advisory bus visit members and companies with good advice on their pension scheme and health care programme.
2016
High growth in assets under management
The members achieve a collected pension balance of 200 bn DKK.
2015
PensionDanmark invests in UK’s largest rolling stock company
PensionDanmark expands its infrastructure portfolio with an investment in British Angel Trains.
2014
Investment in Africa’s first wind farm, Lake Turkana
The Danish Climate Investment Fund, which is co-founded by PensionDanmark, invests 87 million DKK of equity in the wind farm.
2012
PensionDanmark invests 6 bn DKK in a new infrastructure fund
PensionDanmark makes its first investment in Copenhagen Infrastructure Partners.
2010
PensionDanmark invests 0.7 bn DKK in Danish offshore wind turbines
Ørsted sells half of Nysted Offshore Wind Farm to PensionDanmark.
2009
Members switch to market returns
Life-long retirement savings are restructured to market returns, so that members monthly have the actual investment return added to their deposits.
2007
Increased contribution rate for the private sector
Collective agreement negotiations for the private sector conclude with an accord to raise the contribution rate to 12 percent.
2006
Rise in the number of members
The number of members tops 500,000.
Initiation of educational funds
PensionDanmark initiates the administration of educational funds.
2005
Members join the Health Scheme
PensionDanmark's Health Scheme is introduced to 50.000 members within the transport industry sector.
2004
First investment in an apartment complex
PensionDanmark makes its first real estate investment by purchasing a building site in Ørestad, Copenhagen.
2003
Access to the pension plan with digital signature
Members have the option of using "Digital Signature", an electronic identification card, to access their pension plan online.
2002
High growth in assets under management
Member's total balance in PensionSelskaberne reaches 25 bn DKK.
PensionSelskaberne changes their company name to PensionDanmark
APK Pension merges with PKS Pension and B&T Pension merges with HTS Pension. PensionSelskaberne changes their company name to PensionDanmark.
2001
PensionsInfo is established
Pensionsinfo, a website with the purpose of giving members an overview of their pension plans, is created in collaboration with ATP and Industriens Pension.
2000
Increase in the contribution rate for the DA-sector
Collective agreement negotiations lead to an increase in the contribution rate from 5.3 percent to 9 percent over a four-year period.
1999
Members are able to access their own pension details online
Members are given the opportunity to access their own pension details on pension.dk.
1998
Strong growth in assets
Collected member assets total 10 bn DKK.
1996
Launch of Pension.dk
PensionSelskaberne is the first pension company in Denmark to make a website - pension.dk.
1995
The number of members in PensionsSelskaberne tops 300,000
The pension schemes administered by PensionSelskaberne total 300.000. The staff consists of 10 employees overall.
1994
The members achieve a pension balance of 1 bn DKK.
The collected pension balance of the members reaches 1 bn DKK.
1993
The first payable contributions at 0.9 percent
On 1 January 1993, the first payable contributions to the pension schemes for private sector employees are made to B&A Pension, HTS Pension and B&T Pension.
1992
PensionSelskaberne is founded
PensionSelskaberne is established as an administration-cooperation for PKS, B&A, HTS and B&T Pension.
1991
1991: Pension contribution rate becomes integral to collective agreement negotiations
As a result of collective agreement negotiations, it is decided that the pension contribution rate for the DA (Dansk Arbejdsgiverforening) - and SALA (Sammenslutningen af Landbrugets Arbejdsgiverforeninger) sector should be 0.9 percent, effective from 1 January 1993.
1990
PKS Pension is launched with 30.000 municipally employed members
On 1 April 1990, PKS Pension is launched with 30.000 municipally employed members in KAD and SiD.
1987
Trialogues discussing increased private saving
Agreement about Labour Market Pensions to increase the private savings.