Icon

Further information for members of P+, former DIP

Below you can see the pre-tax deposit interest rates for 2022 and the expectations to the years to come (forecasted interest rates).   

Pre-tax deposit interest rates (forecast) 2022 2023-2027 2028-2032 2033→
P+ Regulations 2011, former DIP Regulations 4 11.5 % 3.37 % 4.74 % 5.63 %
P+ Regulations 1983, former DIP Regulations 1 (G, H and I) 2.5 % 0.00 % 0.00 % 0.00 %
P+ Regulations 1999, former DIP Regulations 2 (G, H and I) 2.5 % 0.00 % 0.00 % 0.00 %
P+ Regulations 1983, former DIP Regulations 1 (C, D, E and F) 0.00 % 0.00 % 0.00 % 0.00 %
P+ Regulations 1999, former DIP Regulations 2 (C, D, E and F) 0.00 % 0.00 % 0.00 % 0.00 %
Pre-tax returns (forecast) 0-5 years 5-10 years 10 years →

Annuity certain, endowment policy and retirement insurance under P+ Regulations 2011, former DIP Regulations 4:

P+ Aktiemax
P+ Balance
P+ Obligationsmax
MemberFunds

 

 

 

5.61 %
3.37 %
1.53 %
3.37 %

 

 

 

6.88 %
4.74 %
3.00 %
4.74 %

 

 

 

7.42 %
5.63 %
4.17 %
5.63 %

The interest rate forecast is fixed on basis of social assumptions determined by Insurance & Pension Denmark and Finance Denmark. For P+ Regulations 2011, former DIP Regulation 2011 the actual deposit interest rate is applied. 

Previous returns and deposit interest rates
Below you can see the returns which the fixing of the deposit interest rate is based on, and deposit interest rates applying to P+ Regulations 2011, former DIP Regulations 4.

5-year survey - return (percent) 2021 2020 2019 2018 2017
Pre-tax return 14.0 % 6.6 % 11.4 % -1.7 % 9.4 %

5-year survey - deposit interest rates (percent)

P+ Regulations 2011, former DIP Regulations 4

2021
(January-June)
2021
(July-December)
2020 2019 2018 2017
Pre-tax deposit interest rates 1 % 2 % 2.95 % 5 % 6,3 % 6,1 %
After-tax deposit interest rates 0.85 % 1.69 % 2.5 % 4.2 % 5.3 % 5.2 %

In November 2020, the deposit interest rate for P+ Regulations 2011, former DIP Regulations 4 was fixed at 1.0 percent before tax. Back when the Board fixed the deposit interest, the return on investments was approx. 0 percent which meant that the bonus rates were approx. 1 percent. The low bonus rate can be ascribed to the distributions in January 2019 and December 2020. In July 2021, the depsit interest rate is raised extraordinarily due to a return on investments of 14 percent at the end of June 2021. The positive development has entailed that the bonus rates have increased, and if it continues in 2021 it might be possible to raise the deposit interest rate further in 2022

For P+ Regulations 1983, former DIP Regulations 1 and P+ Regulations 1999, former DIP Regulations 2 the deposit interest rate is unchanged compared to 2020. The deposit interest rate is maintained to re-establish the bonus potential.

The pension schemes under P+ Regulations 1983, former DIP Regulations 1 and P+ Regulations 1999, former DIP Regulations 2 have a different investment profile as they have higher basic interest rates, and the pensions are unconditional.

5-year survey- deposit interest rate (percent)

2021

2020

2019

2018

2017

P+ Regulations 1983, former DIP Regulations 1 and P+ Regulations 1999,  former DIP Regulations 2 - interest rate group 2, 3 and 4

 

Pre-tax deposit interest rate 

 

After-tax deposit interest rate

 

 

0 %

 

0 %

 

0 %

 

0 %

 

0 %

0 %

0 %

0 %

0 %

0 %

P+ Regulations 1983, former DIP Regulations 1 and P+ Regulations 1999, former DIP Regulations 2 - interest rate group 1

 

Pre-tax deposit interest rate

 

After-tax deposit interest rate

 

 

0 %

 

0 %

 

1.77 %

 

1.77 %

 

1.77 %

0 %

0 %

1.49 %

1.49 %

1.49 %