Cash in Your Pension Early

If you have a pension plan through your current or former employer, it is usually not possible to have your savings paid out before you reach the agreed retirement age.

Surrender value

The surrender value is calculated in accordance with the regulations which have been reported to the Danish Financial Supervisory Authority. Please contact PFA at (+45) 70 12 50 00 if you want a calculation of the surrender value of your pension plan. If you are able to cash in your pension plan before the agreed retirement age, and choose to do so, the payout will be subject to a 60 % flat-rate tax to the Danish state. In addition, PFA charges a fee of DKK 1,835.