Regulatory Alerts2025-01-14
Act on the Employees' Inflation Fund
The Danish Ministry of Employment issued this consolidated act establishing the Employees' Inflation Fund (Lønmodtagernes Dyrtidsfond) to manage and disburse funds from temporary state contributions to supplementary pensions. The legislation defines strict eligibility criteria for payouts based on age, disability, or emigration, while mandating that unclaimed funds revert to the Fund after specific periods. It further imposes rigorous governance, risk management, and conflict-of-interest regulations on the Fund's board, management, and employees under the supervision of the Danish Financial Supervisory Authority.
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