Frozen holiday funds - Lønmodtagernes Feriemidler

Did you work in Denmark during the period 01.09.2019 - 31.08.2020? You may have frozen holiday funds

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Savings

If you have been employed in the period from 1 September 2019 to 31 August 2020 and were accruing holidays under the Danish Holiday Act, you have saved up holiday pay.

This period was a transition year to a new Holiday Act in Denmark, and instead of having up to one year of accrued holiday extra, your accrued holidays for the transition year were turned into savings managed by Lønmodtagernes Feriemidler.

You were assigned these savings whether you were a salaried employee or an hourly-paid employee. Your employer is reporting and paying holiday pay to the fund.

You have presumably not accrued holiday funds if you were employed as, for example, a CEO or au pair, as these types of jobs are outside the scope of the Danish Holiday Act.

If you have been hired as an agricultural worker or under the researcher tax scheme (‘forskerskatteordningen’), it will depend on your terms of employment. You can contact your employer to learn about what circumstances you were working under.

If you are unsure whether you have savings, you can contact Lønmodtagernes Feriemidler for advice and guidance.

Start View your frozen holiday funds

The holiday funds represent the holiday pay that you accrued from 1 September to 31 August 2020, and amounts to 12.5 per cent of your salary from which holidays are calculated.

At the beginning of 2021, you will receive a letter from Lønmodtagernes Feriemidler where you will be asked to check the information that your employer has reported to the fund.

If you have NemID

You can go to the self-service solution and look under “View my saved up holiday funds” (in Danish) and see how much your employer has reported

If you do not have NemID

You must contact Lønmodtagernes Feriemidler for advice and guidance.

Payment

It was possible to apply for an early payment of up to 3 weeks of frozen holiday funds in the period from 29 September to 1 December 2020.  

It has also been possible to apply for getting ‘fund vacation days’ paid out, which were holiday funds accrued in the period 1 September 2019 to 31 December 2020. 

If you have already received a payment, it will be deducted from your total savings.

In the start of 2021, you will receive a letter that states how much you have accrued during the transition year and how much you might have remaining. 

You will automatically get the savings paid out when you reach the Danish state retirement age.

However, the earliest you can have the savings paid out is from 1 October 2021.

You can apply to have the savings paid out before you reach the Danish state retirement age. The earliest the savings can be paid out is from 1 October 2021. You can have the savings paid out when you leave the Danish labour market and also if you:

  • get awarded a disability pension get awarded a senior pension
  • get awarded an early retirement pension
  • get awarded a ‘fleksydelse’ (an early retirement allowance for the beneficiaries of the subsidised flexible employment scheme)
  • receive old-age pension benefits coming from an employment
  • have a long-term stay abroad.

You cannot apply for getting the payment yet. There will be more information about when and how you can apply here on this page.

Other topics

Do you disagree with a decision made by Lønmodtagernes Feriemidler?

If you disagree with a decision that has been made by Lønmodtagernes Feriemidler or feel that the information that the decision was made on is incomplete or incorrect, you are welcome to contact Lønmodtagernes Feriemidler.

Do you want to complain about a decision?

If you want to complain about a decision made by Lønmodtagernes Feriemidler, you must send a complaint to Lønmodtagernes Feriemidler with the text ‘Klage til Ankenævnet for Lønmodtagernes Feriemidler’. Lønmodtagernes Feriemidler must receive your complaint no later than 4 weeks after you have received the decision.

Lønmodtagernes Feriemidler will re-process your case and assess your complaint. If your complaint is not upheld, your complaint will be sent to ATP’s board of appeal.

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Lønmodtagernes Feriemidler is a fund that has been set up as part of the transition to the new Danish Holiday Act.

The fund manages the holiday pay of employees that has been accrued during the transition year from 1 September 2019 to 31 August 2020. The fund invests the holiday pay until it is paid out to you.

Lønmodtagernes Feriemidler is a fund managed by LD Fonde, which also manages the fund Lønmodtagernes Dyrtidsmidler. The daily administration with collection of the employers and payment to you as an employee is handled by ATP.

Get more information om LD Fonde:

Contact Lønmodtagernes Feriemidler

Last updated: 07 January 2021