Can I terminate my pension scheme and get the money now? What does it cost?

Most pension savings can be paid out before the agreed retirement date. If your contributions have been tax deductible and you have not yet reached the age of 60, you have to pay a fee of DKK 2,115 2025  and 60 per cent in government tax. 

If you have LinkPension, through which you have made your own investments in shares or bonds, please note that some funds charge selling costs. On the rate of return page, you can click on the fund in which you have invested and check whether your funds charge any selling costs.  

If you have a pension scheme established through your employer, certain restrictions might prevent you from cashing in your savings. This also applies if you have a pension scheme which is only payable if you are alive. If you have any doubts as to what applies to your scheme, please call us on +45 70 33 99 99.