You are looking for a job

You are looking for a job

Do not worry – you are covered for the first 3 months after leaving your job

When the payments to your pension plan cease, your insurance cover continues automatically for 3 months.

What happens during the first 3 months?

During this time: 

  • Your insurance cover remains the same as during your employment

  • You do not make payments to your pension plan, but the cost of insurance cover is deducted from your pension savings 

  • You have time to decide what should happen next. 

See when your insurance cover lapses in the latest pension summary you have received from us on My PFA

  

PFA’s recommendation

You can wait before making your decision

If you are looking for work, you do not need to decide straight away. It will often be an advantage to wait until your insurance cover is about to lapse.

Many people find a new job within a few months and are then covered by a new pension plan. If that happens, you should check whether you will receive similar insurance cover and whether you need to terminate your insurance cover with PFA before the 3-month period.

We are pleased to advise you on your options. Feel free to call us at (+45) 70 12 50 00

Please note

  • You have up to 3 months from the last payment to your plan to decide what should happen to your insurance cover.
  • We recommend that you contact us a couple of weeks before your insurance cover lapses.
  • If we do not hear from you before the deadline, your insurance cover will lapse automatically, and you cannot resume it.

See the deadline in the letter regarding your resignation that we have sent you on My PFA

  
 

Before your insurance cover lapses, you have 3 options

1. Continue making payments and maintain your insurance cover

You can choose to continue making payments to your pension plan, thereby maintaining your insurance cover. This may be particularly relevant if you expect to be looking for work for a longer period of time or if you get a new job without a compulsory pension plan. 

This means that:
• You keep your insurance cover
• You continue saving for your retirement
• You make the payments yourself using an inpayment form, which can be registered for Betalingsservice
• Prices, costs and terms are changed.
 
The prices depend on your insurance cover.
See a price example

Are you a member of a trade organisation?
If you are a member of one of the trade organisations that PFA cooperates with, you may be able to get a pension plan with insurance cover at advantageous prices and terms.
 
See which organisations PFA cooperates with
  
If you would like a quote for continuing your payments and keeping your insurance cover, please call us at (+45) 70 12 50 00.
 

2. Put your payments on hold

If your savings are sufficient, you can choose to put your payments on hold and use your savings to pay for your insurance plans for a period of typically up to 6 months. 
This may be a good temporary solution while you are between jobs.

This means that:
• As far as possible, you retain your insurance cover without making payments to your pension plan
• The price of your insurance cover will be deducted from your savings
• Prices, costs and terms are changed
• Some insurance plans will lapse and cannot be resumed at a later date.

The prices depend on your insurance cover.
See a price example

If you would like a quote for continuing your payments and keeping your insurance cover, please call us at (+45) 70 12 50 00.
  

3. Take no action (pension plan without payments)

If you do not take action, your pension plan will be put on hold when your insurance cover lapses and it will automatically become a plan without payments. 

This means that:
• Your insurance cover will lapse, and you will no longer be able to resume it.
• Your savings will be invested in the same way as they are today unless you change your investment choice on My PFA. Your investment costs depend on how your savings are invested.
• You pay administrative expenses of DKK 924 (2026) per year. The amount is deducted from your savings monthly.
 
Please note if you have limited savings
If you have limited pension savings without regular payments, there is a risk that administrative expenses may reduce or deplete your savings over time.
 
In this situation, it may be relevant to consider other options:
• You can choose to combine your pension savings with another pension company. Generally, a fee of DKK 2,195 (2026) will be charged for the transfer and you will lose the advantages you have with PFA.
• In certain cases, you can also choose to have your pension savings paid out. This is subject to a fee of 2,195 (2026) and a tax to the Danish state of up to 60 per cent.

What happens to your PFA Health Insurance?

If you have PFA Health Insurance, it will, like your other insurance plans, continue for 3 months after payments have stopped.

If you have been awarded treatment or examination through your PFA Health Insurance, it must be completed no later than 6 months after the last payment. This also applies to treatment or examination awarded to your children.

If your spouse or domestic partner has taken out a PFA Health Insurance through your employer, it will continue unchanged until the end of the period paid for – typically until the end of the year. Your partner has the same option to continue the insurance plan as you do.

Would you like to keep only your PFA Health Insurance?

When your employment has ended, and if you have not taken out new similar insurance cover, you have the option of keeping your PFA Health Insurance, even if you do not wish to continue your pension savings and other insurance plans. You must decide whether you want to continue your PFA Health Insurance before it lapses.

How much does it cost?

The price depends on your age: 

You are under the age of 60

Your PFA Health Insurance costs DKK 325.33 per month (2026).

It does not cover your children.
  

You have attained the age of 60

You can take out PFA Senior Health Insurance, which covers you until you reach the age of 90.

The price is DKK 350 per month (2026).

Your spouse or domestic partner can also take out PFA Senior Health Insurance if your partner has attained the age of 60.

It does not cover your children.

 
 
If you are a member of a trade organisation that PFA cooperates with, you may be able to purchase PFA Health Insurance at different prices and on different terms.

See which organisations PFA cooperates with

Send us a message via My PFA or call us at (+45) 70 12 50 00 if you would like to continue your PFA Health Insurance.

Your advantages with PFA

As a PFA customer you have more advantages than you might imagine.

Some advantages provide you with value here and now, some advantages you can share with your immediate family and then some advantages are useful to know about if you should need them later on. 

See all your advantages here