You automatically obtain an additional tax deduction when you or your employer contributes to pension schemes approved as deductible for tax purposes.
The deduction is calculated as a percentage of your or your employer's contributions of up to DKK 77,900 in 2023 (DKK 75,600 in 2022).
In the calculation the sum of taxable payments from pension schemes of the income year is deducted. However, certain types of pension payments are not deducted.
The percentage depends on how many years you are from reaching the state pension age.
15 years or less
With 15 years or less until you are entitled to a state pension, you obtain an additional deduction of 32% on contributions of up to DKK 77,900 in 2023. This means that your maximum deduction is DKK 77,900 x DKK 0.32 = DKK 24,928 in 2023 (DKK 75,600 x 0.32 = DKK 24,192 in 2022).
More than 15 years
With more than 15 years until you are entitled to a state pension, you obtain an additional deduction of 12% on contributions of up to DKK 77,900 in 2023. This means that your maximum deduction is DKK 77,900 kr. x 0.12 = DKK 9,348 in 2023 (DKK 75,600 x 0.12 = DKK 9,072 in 2022).
15 years or less until state pension | Year | Rates | Maximum amount |
| 2023 | 32% on contributions up to DKK 77,900 | DKK 24,928 |
| 2022 | 32% on contributions up to DKK 75,600 | DKK 24,192 |
More than 15 years until state pension | Year | Rates | Maximum amount |
| 2023 | 12% on contributions up to DKK 77,900 | DKK 9,348 |
| 2022 | 12% on contributions up to DKK 75,600 | DKK 9,072 |
The state pension age is adjusted from time to time and is as follows:
State pension age | If you were born | You can retire when you are |
| Before 1 January 1954 * | 65 years |
| Between 1 January 1954 and 30 June 1954 ** | 65.5 years |
| Between 1 July 1954 and 31 December 1954 ** | 66 years |
| Between 1 January 1955 and 30 June 1955 | 66.5 years |
| Between 1 July 1955 and 31 December 1962 ** | 67 years |
| Between 1 January 1963 and 31 December 1966 | 68 years |
| From 1 January 1967 or later | 69 years |
The information in the above table is only usable for guidance. The state pension age may be increased according to the life expectancy.