Prayer Day pay boosts Danish pension wealth
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The Danish government’s abolition of the Great Prayer Day holiday has resulted in a 0.45 percent salary compensation for employees. According to Mads Moberg Reumert, chief economist at Danica, this supplement also boosts pension contributions, adding an estimated 400 to 500 million kroner to total annual savings. For instance, a 30-year-old earning 500,000 kroner could […]
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