Disbursement rules

You are entitled to receive your LD savings if you are aged 60 or over. 

You have been awarded a disability pension under the Danish Social Pensions Act (lov om social pension).

The form must be certified and stamped by the Social Services Department at your local council.

Public sector pension (civil servant’s pension) or a pension for staff employed on terms similar to those of civil servants, in accordance with the rules governing ‘egenpension’ and ‘svagelighedspension’ for civil servants employed by the Danish State, the Danish State School, the Danish National Church and local government.

A pension is awarded in accordance with the rules applicable to employees in roles covered by a pension scheme, which essentially confers the same rights as a civil servant’s pension. This may apply to employment with independent schools and some licensed companies.

The form must be signed and stamped by the authority responsible for paying the pension. In most cases, this means the state or the local council.

You have been:

You are entitled to a retirement pension from an approved pension scheme established by an agreement between you and your employer, or under a collective agreement or similar arrangement with a current or former employer.

A disability pension, a lump-sum payment due to disability or other benefits (e.g. entitlement to exemption from insurance contributions) resulting from a permanent loss of at least 50 per cent of your working capacity. The pension must have been granted by an approved pension scheme established by agreement between you and your employer, or in accordance with a collective agreement or similar agreement with a current or former employer.

A pension scheme is approved if it is covered by the Danish Pension Tax Act (pensionsbeskatningsloven). If you are unsure whether your pension scheme has been approved, your pension fund or your life insurance company will be able to help you.

The form must be certified and stamped by the pension fund or the life insurance company.

You have been:

You have been awarded compensation for the loss of at least 50 per cent of your working capacity under the Danish Industrial Injuries Insurance Act (lov om arbejdsskadeforsikring) or the Danish Liability for Damages Act (erstatningsansvarsloven).

If you have been awarded compensation for the loss of at least 50 per cent of your working capacity under legislation where compensation is essentially awarded on the same grounds as under the Danish Industrial Injuries Insurance Act (lov om arbejdsskadeforsikring), this could be compensation under the Danish Act on Patient Insurance (lov om patientforsikring), the Danish Act on Compensation for Pharmaceutical Injuries (lov om erstatning for lægemiddelskader), the Danish Act on Compensation for Vaccination Injuries (lov om erstatning for vaccinationsskader), the Danish Act on Compensation to Victims of Crime (Act on Compensation to Victims of Crime).

You are entitled to a payout from “an instalment-based insurance policy”, “a lump-sum insurance policy”, ‘instalment savings’ or ‘pension savings’ where you are eligible for a payout under the Danish Pension Tax Act (pensionsbeskatningsloven) in the event of, for example, disability, and provided that you have lost at least 50 per cent of your ability to work.

The form must be certified and stamped by the authority or life insurance company that has awarded the compensation.

You have been:

You have been awarded a foreign pension or compensation for the loss of at least 50 per cent of your working capacity, in accordance with rules that are essentially the same as those described above under B, C, D and E.

The form must be certified and stamped by the authority, life insurance company, pension company or similar body abroad which has awarded the pension or compensation.

You have:

You have moved to Greenland or the Faroe Islands with the intention of taking up permanent residence, and you have been a resident for at least five years. This must have been a continuous period of at least five years immediately prior to the date of the request for payment.

The form must be certified and stamped by the Greenlandic or Faroese registry office.

You have:

Moved away from Denmark in order to take up permanent residence abroad.

Payment is made six months after the Cost-of-Living Allowance Fund has received information from the registry office regarding your change of address

You are:

Are suffering from, or have suffered from, a life-threatening illness.