You can establish a pension scheme with PFA without submitting health information

If your remaining insurance and savings schemes are handled by the Danish pension funds DIP, JØP or MP Pension, you can, for a limited period, get a pension scheme with PFA without submitting any health information. Please carefully consider any advantages and disadvantages of this decision. Among other things, there may be guaranteed benefits (minimum payouts) on retirement in your existing pension scheme which you lose if you get a pension scheme with PFA.

You can group your Insurance schemes with PFA

Today, you have a basic insurance package with PFA comprising life insurance, critical illness insurance and PFA health insurance. The basic insurance package is paid for by Ørsted. If you select a pension scheme with PFA, you can group your insurance schemes with PFA and get an occupational capacity insurance scheme with PFA. The prices of the insurance coverage with PFA are very attractive compared to the general prices on the market, which is why we recommend that you compare the prices charged at your existing pension company with PFA's prices.

You will get better coverage at reduced occupational capacity

With PFA Occupational Capacity, you have the possibility of receiving a coverage of 60 per cent of your salary* if your occupational capacity is reduced by 50 per cent or more. Furthermore, you will get the possibility of receiving an extra annual payout of up to DKK 179,916 if you are eligible for public job rehabilitation benefit.

Get help and guidance if you fall ill

The PFA Occupational Capacity scheme also gives you access to PFA EarlyCare®, where you can get help and guidance from PFA’s social and health care specialists if you get a two-week or more notification of illness. You can get help with clarifying your state of health and get advice on which initiatives can help you return to work sooner.

*If you are not covered by a collective agreement, the salary (basic salary) is calculated on an annual basis. If you are covered by a collective agreement, the salary (basic salary with supplements) is the average of the past 12 months’ variable salary elements – both calculated on an annual basis.

Flexible investment options

It is generally PFA who invests your savings, and you can choose among four different investment profiles. For all profiles, the risk will be gradually reduced automatically as you get closer to retirement. If you want to completely avoid the gradual reduction, you can now choose the PFA Optional profile, where you select the distribution between high and low risk yourself. Otherwise, you can choose the ‘You Invest’ profile, in which case you decide which funds your savings should be invested in.

Make a decision before 31 October 2018

You can get a pension scheme comprising a savings scheme and insurance cover with PFA without submitting any health information until 31 October 2018. Hereafter, you must submit satisfactory health information in order to get a pension scheme with PFA.

Book a consultation

We recommend that you book a pension consultation so that an adviser can help you gain an overview of which solution is the right one for you. Please call PFA at (+45) 70 80 82 42 to book a consultation.