The Danish pension fund for academics, P+, has reported record amounts of additional contributions in 2025, as members make extra payments to increase their pension pots.

The fund’s members contributed 251m Danish kroner (£29.3m) in extra payments to pension plans.

The member-owned fund added that the number of people making extra contributions had also reached a record high, with 17 per cent more members opting to boost their pensions with additional payments.

Commenting on the significant increase in additional inflows, P+ COO Lene Mortensen said: "When you make extra contributions to your pension, you are investing in your future, and I am pleased that more and more members are taking steps to secure a solid financial foundation for their retirement.”

She added that “it is never too late to set aside extra money for retirement, but I would like to encourage our members to consider making extra contributions as soon as their finances allow.

"Extra contributions made in the first half of your career can grow significantly through compound interest over a working life, so even small amounts can have a major impact on your pension and your options as a retiree."

Public attention was drawn to pensions in Denmark in 2025, as the government announced that the retirement age would increase to 70 for those born in 1971 or later.

The age increase is in line with Denmark’s 2006 Welfare Agreement, which pegged the state pension age to life expectancy.

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