This website has been translated from Danish to English by using artificial intelligence (AI).

We strive to ensure the accuracy of these translations, but we cannot guarantee they are 100% accurate as legal jargon and idioms are not easily translated.

By using this service, I acknowledge that there may be misunderstandings due to this inaccuracy. For accurate information, we recommend that you use the Danish version of the website. If you have any questions or need assistance, please feel free to contact us.

+45 7012 3782
Become a member
Self-service

Withdrawal

System upgrades are scheduled during the following times:

Start: 26-09-2023 - 22:00
End: 27-09-2023 - 03:00

Membership purchases and services will be unavailable during that period.

OK

The age for both early retirement and old-age pension is being gradually raised as a result of the retirement reform.

What does that mean for you?

  • If you were born before January 1, 1954, you are not affected by the reform.
  • If you were born before January 1, 1959, you are no longer eligible for early retirement and therefore do not appear in the overview.
Overview - consequences of the retirement reform

Date of birth

Minimum age for transition to early retirement

Folk
 retirement age

Early retirement for how long?

Percentage for pension offset in deposit value/lifetime + loss of basic deduction

Percentage for pension offset in current payments
payments

Early retirement rate [i]

Tax-free premium [ii]

January 1 - June 30, 1959

63 ½ years

67 years old

3 ½ years

80% of total and no basic deduction

64 %

91%, if transition before 64th birthday otherwise 100%

Deferred transition for at least ½ year and had 780

July 1, 1959 - Dec 31, 1962

64 years old

67 years old

3 years

80% of total and no basic deduction

64 %

100 %

Earn entitlement from first day with certificate without early retirement plus on early retirement, if earliest early retirement 2 years after ef certificate + 3,120 hours

Jan 1, 1963 - Dec 31, 1966

65 years

68 years old

3 years

80% of total and no basic deduction

64 %

100 %

Earn entitlement from first day with certificate without early retirement plus on early retirement, if earliest early retirement 2 years after ef certificate + 3,120 hours

Jan 1, 1967 - Dec 31, 1970

66 years old

69 years old

3 years

80% of total and no basic deduction

64 %

100 %

Earn entitlement from first day with certificate without early retirement plus on early retirement, if earliest early retirement 2 years after ef certificate + 3,120 hours

January 1, 1971 – December 31, 1974

67 years old 

70 years 

3 years

80% of total and no basic deduction

64 %

100 %

Earn entitlement from first day with certificate without early retirement plus on early retirement, if earliest early retirement 2 years after ef certificate + 3,120 hours

From January 1, 1975, adjustments will be made every five years, with the next adjustment scheduled for 2030.

[i] The rates of 91% and 100% require that you have had an income that entitles you to these rates. This means that your calculation basis must be high enough for the rates to be applicable.

[ii] You earn one tax-free bonus for every 481 hours of paid work. Read more about tax-free bonuses.