In November last year, ATP had good news for pensioners: the pensions of its 4.5 million members were being increased by DKK 30bn (EUR 4bn), equating to a 4% increase in pensions paid out. ATP called the move ”historic.”
However, inflation, which may not be historic but is certainly significant, has thrown a spanner in the works. According to the latest figures from Statistics Denmark, there was 8.2% inflation in the country in May.
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