Once a year Udbetaling Danmark readjusts your state pension to ensure that you have received the right amount to which you were entitled for the year. The readjustment leads to one of three possible outcomes:
- You received the right amount of pension to which you were entitled last year.
- You received too much pension last year, and you will have to pay back some of the pension which you have received. Please note that you will only have to pay back pension if you have received more than DKK 249 too much last year.
- You received less pension than you were entitled to last year, and you will be paid the outstanding pension.
Why should I pay back pension or have more pension paid out?
Udbetaling Danmark uses your tax assessment notice from Skattestyrelsen (Danish Tax and Customs Administration), as well as the information provided by you about the income received by you and your spouse/cohabitant which is not taxed in Denmark.
You must pay back some of your pension if your tax assessment notice shows that your total income was higher than the income on which your pension was based. You will have extra pension paid to you if your total income was lower than the income on which your pension was based last year. Your spouse/cohabitant’s income is also included in the calculation of your pension.
How do I pay back pension?
If you live in Denmark: If you live in Denmark and have to pay back pension, you have the option to pay the full amount or set up a payment plan. You can do this online (in Danish only):
If you do not use the online option to pay the full amount or set up a payment plan, Udbetaling Danmark will send you up to three letters with a payment code.
If you live outside of Denmark: If you live outside of Denmark and you must pay back pension you can transfer money to Udbetaling Danmark's bank:
- Danske Bank
- Reg. nr. 0216
- Konto nr. 4069046312
- SWIFT-adresse: DABADKKK
- IBAN nr.: DK7102164069046312
- Remember to type in your CPR number.
How do I make sure that I am paid the right pension during the year?
Make sure to always inform Udbetaling Danmark about any changes to your and your spouse’s or cohabitant’s income.
If your additional income is taxed in Denmark, you do not have to inform Udbetaling Danmark. All you must do is change your preliminary income assessment.
If you have additional income which is not taxed in Denmark or if your spouse/cohabitant has such income, for example foreign income, then you must inform Udbetaling Danmark.
In most cases, Udbetaling Danmark uses your preliminary income assessment to calculate your pension. However, Udbetaling Danmark cannot use your preliminary income assessment if you were not a pensioner for the whole year, or if your spouse/cohabitant was not a pensioner throughout the year, or if you started cohabiting with somebody new in the course of the year. In such cases, you must inform Udbetaling Danmark about any changes to your income.