Regulatory Alerts2023-12-04
Order on Payment and Reporting of ATP Contributions for Recipients of Flex Income
The Danish Ministry of Employment issues this order to regulate the payment and reporting of ATP pension contributions for recipients of flex income. It mandates that contributions are calculated at 1.86 DKK per hour and withheld by Udbetaling Danmark, which reports monthly and pays quarterly to the ATP Board. The regulation establishes specific procedures for enrollment, cessation, and repayment of contributions, entering into force on January 1, 2024.
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