Repayment of early retirement contributions

If you choose to opt out of the early retirement scheme or reach the state pension age, you can have your early retirement contributions refunded. This means you won't lose the money you've already paid in.

Conditions for repayment

To get your early retirement contributions refunded, the following must be met:

• You must not have taken early retirement.
• You must not have earned a tax-free premium.

Remember that when you opt out of the early retirement scheme, it means that you:

• Not eligible for early retirement.
• Can't earn a tax-free premium.
• Can't get a senior job.

How to repay your early retirement contributions

The way you get your early retirement contributions repaid depends on your situation:

If you have not reached the early retirement age

Your contributions are transferred to a pension scheme of your choice. If you choose to transfer to a retirement pension, you will have to pay a tax of 30% of the amount, as the pension is not taxed at payout.

If you receive disability pension, senior pension or early retirement pension

Your contributions are paid in cash after a 30% tax has been deducted.

If you have reached the early retirement age, are moving abroad, or have paid into the early retirement scheme for a maximum of one year

Your contributions are paid in cash with personal tax deducted.

Important about statute of limitations

Repayment of early retirement contributions is time-barred according to the general rules of Danish law. This means that you have 3 years from the time you left the early retirement scheme to apply for a refund.

That's why it's important that you make a repayment decision within 3 years.

How do I get my early retirement contribution back?

You can opt out of the early retirement scheme and have your early retirement contributions refunded by completing and submitting the form AR252, which you can find in Self Service.