Ordinance On Reporting Of The Value Of Pensions, Etc. To Be Used For The Estimation Of Reductions In Retirement, Partial Retirement And Fleksydelse

Original Language Title: Bekendtgørelse om indberetning af værdien af pensionsordninger m.v. til brug for opgørelse af fradrag i efterløn, delpension og fleksydelse

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Overview (table of contents)



Chapter 1



Executive order scope





Chapter 2



Information to be reported





Chapter 3



The estimation of the value of the individual pension system





Chapter 4



Reporting deadlines, etc.





Chapter 5



Empowering





Chapter 6



Entry into force, etc.



The full text of the Ordinance on reporting of the value of pensions, etc. to be used for the estimation of reductions in retirement, partial retirement and fleksydelse

After § 74 j, paragraphs 4 and 9 of the law on unemployment insurance, etc., see. lovbekendtgørelse nr. 642 of 22. June 2012, as amended by Act No. 922 of 18. September 2012, section 4 (a), paragraph 2, of the law on a part-time pension, see. lovbekendtgørelse nr. 1096 of 16. November 2005, as amended by Act No. 1366 of 28. December 2011, and article 18, paragraph 2, of the law on fleksydelse, see. lovbekendtgørelse nr. 871 of 6. July 2007, as amended by Act No. 1367 of 28. December 2011, and after negotiation with the Minister of employment shall be laid down: Chapter 1 scope § 1 of the Executive order. This notice applies to pension schemes, owned by persons who can obtain the right to early retirement, partial retirement or fleksydelse.

§ 2. After this Ordinance must be reported on pension schemes as referred to in the pension taxation Act Title I, except in section 2, no. 3, and no. 4 (c)-(f), said. There must be reported on the employees ' capital pension fund savings in.

§ 3. The reporting obligation incumbent on: 1) employees ' cost-of-living Fund.

2) Public authorities.

3) financial institutions, life insurance companies and pension funds, etc., who are domiciled in this country, or who operate from a fixed place of business in this country.

4) financial institutions, life insurance companies and pension funds, etc., that have their head office in another country within the EU/EEA, and which established pension plans covered by the pension taxation Act § 15 C.

Chapter 2 Information to be reported to section 4. The following information must be reported on the individual pension system: 1) The reporting's CVR-nr. Have the reportable not a CVR-nr., used his VIEW-nr.

2 Person CPR-nr). The person does not have a CPR-nr., used the person's name and address.

3) unique identification of scheme by account or policy number.

4) scheme in accordance with Chapter 2 of the Decree on the taxation of pensions.

5) Day for the estimation of the value of the scheme in accordance with paragraph 2 or 3 (date of inventory).

6) Reporting date (month and year).

7) the alert occurs after this announcement.

(2). To be about pension schemes consisting ½ years before the person reaches early retirement age, see. section 74 of the Act on unemployment insurance, etc., ½ years before the person reaches the age of majority, see partial. § 1 of the law on a part-time pension, and ½ years before the person reaches fleksydelsesalderen, jf. section 1 a of the law on fleksydelse, reported the following: 1) on the system is part of an employment relationship.

2) Scheme value calculated according to § 5 in so far as the scheme consists of a lifetime retirement pension.

3) Scheme value calculated according to § 5 in so far as the scheme does not consist of a lifetime retirement pension, with an indication of whether the value pursuant to section 5 (3), 2. point, ½ years prior to, or are compiled when the person reaches early retirement age, partial age or fleksydelsesalderen. As regards savings in pension purposes, saving in pension purposes without deduction or bortseelsesret (retirement savings) and installment savings in pension purposes which, according to FSA rules is located in unlisted equity securities are stated scheme value to the intrinsic value of the stock or limited liability company, according to the most recent financial statements of the company with the addition of cast-off later purchase of shares, less any subsequent sale of the shares.

(3). On deposit as referred to in section 6, the following must be reported: 1) to the extent that the deposit is for a lifetime retirement pension, disclosed the estimated growth rate for the annual lifetime benefit as a result of the deposit.

2) to the extent that the deposit is for a system that does not consist of a lifetime retirement pension, reported growth for the scheme's value as a result of the deposit.

(4). There must be informed of the payments made in accordance with the pension scheme terms between the age of 60. years and the early retirement age, partial age or fleksydelsesalderen.

Chapter 3 the estimation of the value of the individual pension plan section 5. The value of a pension plan is calculated in Danish kroner.

(2). A pension scheme consists of an agreement for a lifetime retirement pension was assessed this part of the scheme's value to the size of the annual lifetime retirement pension for withdrawals from the early retirement age, partial age and fleksydelsesalderen.

(3). To the extent that a pension scheme are not covered by paragraph 2, are assessed the value of the scheme by the early retirement age, partial age and fleksydelsesalderen, including the stock exchange value of securities in the depot as well as interest, dividends and bonus attribution. Where the value of the scheme by the person's pre-retirement age, partial age or fleksydelsesalder is not known at the time of the statement, see. § 4 (1) (8). 5, ascertained the value of scheme ½ years before the person reaches the age of majority, partial early retirement age or fleksydelsesalderen.

(4). Is a pension scheme composed of a lifetime retirement pension and a supplementary one-time performance or additional lump sum payment and without prejudice. pension taxation Act section 29 (A), the lifetime of an old-age pension is calculated in accordance with paragraph 2, while the additional one-time allowance and supplementary lump sum payment and is calculated separately in accordance with paragraph 3, as the maximum additional one-time performance, respectively, the maximum additional lump sum payment and.

(5). By estimating the value of an index system except index Appendix under section 1 of the law on old-age insurance and old-age savings indexed.

(6). In reporting on the value of old-age insurance covered by pension taxation Act section 10 (A), old-age savings covered by pension taxation Act section 12 (A) and supplementary lump sum payment and the subject of pension taxation Act section 29 (A), shall be bruttoficeres under section 74, paragraph 5, of the law on unemployment insurance, etc., section 4 (a), paragraph 3, of the law on social pensions and article 18, paragraph 3, of the law on fleksydelse.

(7). Statement of a scheme value in accordance with paragraphs 2 to 6 shall be carried out, moreover, on the basis of the assumptions that are present at the time of the statement, see. § 4 (1) (8). 5.

§ 6. You want to know every deposit into a retirement plan, in time from the person when the early retirement age, partial age or fleksydelsesalderen, and until the person reaches old-age pension age, be a statement after the principles set out in section 5 of the increment in the scheme's value at the time of the deposit, which is a result of the deposit, when deposit is covered by pension taxation Act § 15 a. Pension value of the deposit is calculated according to the value at the time of deposit.

Chapter 4 Reporting deadlines, etc.

§ 7. Reporting must be done electronically to the TAX.

(2). Notification must take place no later than the end of the calendar month following the calendar month in which there is ½ years for the person when the early retirement age, partial age or fleksydelsesalderen.

(3). In cases as referred to in section 6 shall, however, be alert at the latest by the end of the calendar month following the calendar month in which the person made the deposit, that triggered the reporting requirement.

Chapter 5 the authority section 8. TAX may, in agreement with the Agency for retention and Recruitment lay down detailed rules on the information to be reported.

Chapter 6 entry into force, etc.

§ 9. The notice shall enter into force on the 1. January 2013.

(2). At the same time repealed Executive Order No. 1032 of 24. October 2005 on the reporting of the value of pensions, etc. to be used for the estimation of reductions in retirement, partial retirement and fleksydelse.

The Danish Ministry of taxation, the 13. December 2012 Holger k. Nielsen/Carsten Vesterø

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