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If my job situation changes

What happens to your pension scheme if you become unemployed or your work situation otherwise changes?

If your job situation changes and your employer no longer makes contributions to your pension scheme with us, your insurance covers usually continue unchanged for a period of three months from the date on which your employment ends.

During this period, you will be covered in the same way and at the same price, and you will pay for this cover through your existing pension savings with us. This will give you a respite to take care of other important things.

If you already know what to do with your pension scheme, please contact us on +45 70 11 25 25. You can also write to us.

Click here to write to us (In Danish only)

It is important that you consider what is to happen with your pension scheme and insurance covers after this period. You can learn more about what options you have to continue your insurance covers below.

Every year, about 750,000 Danes change job.

One in four Danes will suffer long-term illness at some point during their working life.

The process

  • We will usually be notified automatically. You can also click here to notify us.

Are you considering taking a leave of absence?

Are you considering taking parental leave, going on a long trip or otherwise taking a break from your job?

Click here to learn more

Important when your job situation changes

  • Advantages of continuing your scheme

    Advantages of continuing your scheme

    You will keep your seniority and continue to be covered under the insurance covers you are continuing. If you decide to continue your scheme within three months, you can keep your insurance covers without having to submit new health information.

    If you change pension provider, you will often be subject to a waiting period, during which you will not be covered, so it may be an advantage to keep your insurance covers with us until you have ensured that you are covered by a new scheme.

    If you are a Danske Bank customer, your Danica Pension scheme gives you advantages under Danske Bank’s customer programme.

  • Get advice on your options

    Get advice on your options

    Feel free to call us on +45 70 11 25 25, so that we can plan how your pension scheme is to continue. We can also inform you of your new prices and conditions.

Your options

  • I have become unemployed 

    When you become unemployed, your employer’s contributions to your pension scheme cease. You should therefore focus on what is most important to you.

    Your options

    We recommend

    Contact us so that we can discuss your options and how to best cover you and your family.

  • I am currently receiving treatment

    If you are receiving treatment via your health insurance when your employment ends, you can continue this treatment for a period of up to three months after your health insurance lapses.

    If you expect to need treatment for a period of more than three months after your employment ends, it is important that you contact us to discuss your options to continue your health insurance.

  • I have been reported absent due to illness 

    When you lose your job because you have fallen ill or have had an accident, it is important that you notify us immediately. It is also important that you contact us in order to keep your insurance covers.

    Your options

    We recommend
    Report your claim in Netpension.
    Keep your insurance covers so that you and your family are financially secure. It is particularly important that you keep your insurance covers if you are ill. If you terminate your insurance covers, you may not be able to provide us with satisfactory health information if you want to resume your insurance covers at a later date. Also, the prices and terms will not be the same.

  • I am going to be self-employed

    When you become self-employed, your financial situation often becomes more uncertain. This is especially the case if you fall ill or lose your earning capacity for a period of time. We therefore recommend that you adjust your pension scheme and your insurance covers, so that you and your family have the best possible cover.

    Your options

    We recommend

    Feel free to contact us on+45 45 12 59 02 for advice regarding Pension for Selvstændige.

  • I am moving abroad

    When you move abroad, it is a good idea to contact us, so that we can guide you on how to adjust your pension scheme to fit your new situation.

    Please note that you will not be able to keep all your insurance covers, and there may be a limit as to how long you will remain covered when living abroad.

    Are you considering moving abroad? Click here to learn more. (In Danish only)

  • My employer has gone bankrupt

    If your employer has gone bankrupt, it is important that you contact the Employees’ Guarantee Fund (Lønmodtagernes Garantifond) as soon as possible to find out whether you can get compensation for unpaid salary, holiday pay and pension contributions.

    Your options

    We recommend

    • Contact the Employees’ Guarantee Fund as soon as possible to find out whether you can get compensation for unpaid salary, holiday pay or pension contributions.
    • Continue making contributions to your pension scheme and keep your insurance covers, so that you and your family are financially secure if you fall ill, lose your earning capacity or die.
  • I need the money now

    If your financial situation is such that you need money now, you may in certain cases have your pension savings paid out before the agreed date. In that case, you will be charged a higher tax rate and a larger administration fee to us.

    Click here to learn more. (In Danish only)

    If your entire amount of pension savings are paid out, your pension scheme with us will be terminated, and your insurance covers will lapse.

    If you want to resume your contributions at a later date, you must provide us with new health information, and your prices and terms will not be the same.

    Learn more about stopping your pension contributions (In Danish only)

A lot can happen in a year. Does your pension scheme fit your current life situation?