European Construction Industry Federation European Federation of Building and Woodworkers

Paritarian Social Funds in the Construction Industry



Type of fund


Langelinie Alle 41, DK-2100 København Ø



General contact
Tel : +45 3374 8000

General Information Employee Group Covered Eligibility Employee contributions Employer contributions Employer Matching contributions Additional Temporary Employer contributions Financing Information to Employees


General Information



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 595.000 individuals employed in 22.000 companies within the private and public sector. Contribution rates range from 12,0 to 18,0 per cent of wages with the employers paying 2/3 of the contributions and the employees paying 1/3. PensionDanmark also provides insurances in case of early retirement, critical illness and death.


Since 2005 PensionDanmark has provided health care benefits. 1/5 of PensionDanmarks members are included today.

Since 2006 the company has also collected contributions for financing life-long-learning initiatives.


Board Composition

Paritarian: 9 representatives of the employees (3F, Serviceforbundet HK/Privat) and 6 representatives of the employers (DI, TEKNIQ, KL, Dansk Byggeri, GLS-A) and one independent for audit expertise.


Regulatory framework

Collective Agreement for the construction sector among others


Employee Group Covered

All employees working under a Collective Agreement with PensionDanmark as their pension supplier, including part-timers and spouse and children.



No immediate eligibility

No minimum age required

Waiting period between 0-2 months

Eligibility is compulsory.


Employee contributions

Minimum 4%

Maximum 6%


Employer contributions

Minimum 8%

Maximum 12%


Employer Matching contributions



Additional Temporary Employer contributions

Not provided



Investment manager

PAYGO type of fund


Information to Employees

Via emails, webpage, phone-support, articles in relevant magazines, direct meetings, etc.

© Dansk Byggeri © Dansk Byggeri