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Article 110
 

(1) A Member of the Folketing shall be entitled to a personal pension when he has been a Member of the Folketing, during one or more periods, for at least one year. The pension is paid from expiry of the period for which the basic fee has been paid if the Member in question has at that time attained the age of early retirement, cf. section 74 of the Unemployment Insurance Act, and otherwise from the day when he attains this age. In extraordinary circum stances where the health, financial or other social condi tions so warrant it, the Presidium of the Folketing may nevertheless decide to accord a former Member who has not attained the age of early retirement, cf. section 74 of the Unemployment Insurance Act, a pension the size of which shall be fixed individually.


(2) The highest personal pension is obtained after 20 years of membership and is 57 per cent of the Member’s basic fee before deduction of the labour market contribution at the time of pensioning. The calculation percentage takes the number of membership years into account to mean that for membership years from 1 to 9 included each year contributes by 3.25 percentage point and for membership years from 10 to 17 included each year contributes by 2.80 percentage points, for membership years from 18 to 19 included each year contributes by 1.80 percentage points and for membership year 20 the year contributes by 1.75 percentage points.


(3) A bonus which for each membership year is granted to personal pensioners until they attain old age, cf. section 1a of the Social Pensions Act, at 5 per cent of the bonus specified in section 6(3) of the Public Service Pensions Act in force at any time.


(4) A retired Member of the Folketing who re-enters as a Member of the Folketing, shall not receive a pension during the period for which a basic fee is paid. Neither is a pension payable in periods when he receives a basic fee in pursuance of the Remunerations, Pensions and Other Emoluments Act regarding the Danish Members of the European Parliament.