Payout

The purpose of your pension savings is to give you a healthy financial situation when you retire. This is why you cannot usually take the whole of your pension out at the same time. 

You can have your old-age savings or capital pension paid out in one go.

As a rule, the money in your annuity pension and lifetime pension will be paid out each month. An annuity pension can be paid out over 10 to 30 years and you will benefit from a lifetime pension for as long as you live.

Yes. When you calculate your pension you can get an overall estimate of what you will receive from PensionDanmark, the state and from any savings you may have in other companies. The state pension and other savings figures come from PensionsInfo.

Money that you take out of your pension savings will be paid into your NemKonto.

No, you cannot have your pension savings paid out before they are due to be paid out.

However, other rules apply if you move abroad permanently. So, please contact us if you have moved.

Yes, if you move to another country permanently, you can take out your entire savings. However, we are required to deduct 60 percent tax payable to the Danish state.

See what you should do if you move abroad permanently