Min A-kasse is now Denmark's cheapest unemployment insurance fund for recent graduates

From January 1, 2024, the membership fee for new graduate members of the unemployment insurance fund will be significantly lowered for the first three months or as long as you are unemployed after they go from free membership to becoming paying members.

At Min A-kasse, we have decided to take extra care of our newly qualified members. Therefore, we are now lowering the price of our membership fee from DKK 506 to DKK 381. This makes Min A-kasse Denmark's cheapest unemployment insurance fund for recent graduates.

Many recent graduates work hard up to their final exams and not everyone is lucky enough to get a job shortly after graduation. With this in mind, Min A-kasse wants to give graduates a little financial help with a lower membership fee.

- We are happy for our newly qualified members and want them to stay with us for as long as possible. It adds value for both the unemployment fund and the individual member that we have a long-term relationship, both when they are in work and when we help them further their career, says Mikkel Søe, CEO of Min A-kasse.

- Many newly graduated unemployment fund members have been affected by the new unemployment benefit rules, which meant lower rates for non-dependents. At the same time, there may be student discounts or the cheap dormitory room. Therefore, we think there is every reason to significantly reduce the price of the membership fee and thereby give our graduates slightly more attractive conditions," says Mikkel Søe.

So why just 381 kr.?

The majority of the membership fee for unemployment insurance fund members is made up of a state contribution, which is the same for all unemployment insurance funds. In addition, each unemployment fund sets aside an amount for the operation of the unemployment fund. In 2024, the amount in Min A-kasse is DKK 125, and this is the amount our new graduates will now not have to pay for the first three months or as long as they are unemployed. For other paying members, the membership fee in 2024 will be 506 DKK. If we deduct the DKK 125 from the full membership fee, we end up with a price of DKK 381 for graduates.

Read more about recent graduates and unemployment benefits.