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Early retirement and work

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You are allowed to work while receiving early retirement benefits. However, there are several things you need to be aware of. Here you can read what applies if you want to work while receiving early retirement benefits.

Wage work

As a general rule, you may work as much as you wish while receiving early retirement benefits. You must always inform us about your work, as your working hours must be deducted from your early retirement benefits.

If you receive wages as A-income, your working hours will be offset hour for hour. This means that one hour of work will be offset by one hour of your early retirement pension.

Read more about lenient deductions.

Volunteer activities and unpaid work

In some cases, you can participate in voluntary unpaid activities without having your early retirement pension reduced.

With voluntary, unpaid work, you can work up to 65 hours per month without deductions.

You must obtain permission from the unemployment insurance fund before you start.

Please contact us for more information.

Self-employment

It is possible to obtain permission to

  • continue running your own business on a reduced schedule if the business was previously your main occupation.
  • continue or start a self-employed business as a secondary occupation.

You cannot run your own business without first obtaining permission from the unemployment insurance fund. Permission cannot be granted retroactively.

Please note that it is very difficult to obtain this permit. There are many requirements regarding the size, operation, and earnings of the company, which can be difficult to meet.

Contact Min A-kasse to learn more about the rules for self-employment.

Read more about main occupation and secondary occupation.

Frequently asked questions

Can I also work abroad?

Yes. In addition to Denmark, your work can be carried out in Greenland, the Faroe Islands, Switzerland, the United Kingdom, or another EEA country.

Read more about early retirement abroad.

When will I receive my early retirement pension?

Early retirement benefits are paid once a month. In order for us to pay early retirement benefits, there must be at least 14.8 early retirement hours available for payment each month.

If you are fully insured and work 145.53 hours or more in a month, you cannot receive early retirement benefits for that month.

Does my vacation allowance affect my early retirement pension?

Yes. Holiday allowance and paid vacation affect your early retirement pension.

When you take vacation, deductions will be made from your early retirement pension for the days you are on vacation.

If you receive holiday pay as a lump sum without taking the holiday, e.g. if you move abroad, we will deduct the amount from your early retirement pension at the time of payment.

If your vacation allowance or salary during vacation is lower than the deduction in your early retirement pension, you can have the difference paid out as early retirement pension.

If you have been employed on reduced hours while earning vacation pay, we will convert the vacation pay paid out from days to hours. We will deduct these hours from your early retirement pension.

What income will be deducted from my early retirement pension?

Certain types of income are deductible from early retirement benefits.

  • Salary, standby pay, and similar payments for periods without work, as well as income that replaces salary.
  • Severance pay paid in lieu of the correct notice period from the employer.
  • Waiting money and deferred pensions.
  • Income from civic duties and public and private positions that Min A-kasse does not consider to be work.
  • Income from the rebroadcasting, re-enactment, or other reuse of books, photographs, plays, films, etc., if the income derives from work within your usual field of work, where reuse is normal.
  • Scholarships, if there is a work obligation attached to the scholarship.

The overview is indicative.

Please contact us to learn more about the rules.

What income does not affect my early retirement pension?

Some types of income do not affect your early retirement pension.

  • License fees, library fees, Koda/Gramex fees, and similar charges.
  • Survivor's benefits pursuant to Chapter 10a of the Active Social Policy Act.
  • Compensation, including compensation under the Occupational Injury Insurance Act
  • Compensation and benefits upon termination of employment, including early retirement benefits under the Danish Salaried Employees Act, supplementary income under the Danish Civil Servants' Pension Act, compensation for unfair dismissal, and compensation under the Danish Equal Treatment Acts.
  • Income from the sale of a business or real estate.
  • Leasehold tax.
  • Income from rentals that are not considered commercial, and profits from your own home.
  • Interest, stock dividends, and similar items, including inheritances, gifts, winnings, and alimony.
  • Disability benefits and pensions due to loss of earning capacity/ability to work.
  • Remuneration for compliance with competition or customer clauses.
  • Payment for vacation days that are not taken.

The overview is indicative.

Please contact us to learn more about the rules.

Do you need advice on the early retirement scheme?
We are ready to help you

Call us on +45 70 12 37 82 or write to us via Self Service