Additional pension contributions

You can boost your pension by making extra contributions. There are three types of pensions to choose from. You can make the additional payment in Min pension.

Throughout an entire work life, even small contributions can grow significantly with compound interest. This may provide financial freedom and financial flexibility once your retire. 

You can save up for three types of pensions

When you make additional pension contributions yourself, you can choose between different types of pensions:

  • Lifelong retirement pension
    Your compulsory contributions are in general allocated to a lifelong pension. If you make extra contributions, you will receive a higher monthly pension benefit from the time your retire and the rest of your life.
  • Annuity certain
    You may also chose an annuity certain that provides you with a  higher monthly pension contribution for a fixed number of years when you retire.
  • Retirement savings
    A retirement savings scheme provides savings that you can take out as a lump sum or in instalments as needed.
How to do it

  • You can make additional contributions whenever your finances allow it. You do it in Min pension where you can also see how much you can pay.

  • You can also arrange for your employer to deduct an additional amount from your salary and pay it together with the monthly, compulsory contribution.

  • If you are self-employed and run a sole proprietorship, you can pay up to 30 percent of your company's annual profit before interest and depreciation to a lifelong pension scheme and receive full tax relief on your contribution. We recommend that you plan additional contributions with your accountant, and that you contact us before making the payment. 

You must inform us which type of pension your additional contribution should be allocated to. If you do not do so, it is allocated to your lifelong retirement pension. 

Make additional contributions in Min pension