The Holiday Allowance Fund

For an employee who accrued holiday pay between September 2019 and August 2020 and who has chosen to leave the frozen holiday allowance in the The Holiday Allowance Fund.

Low costs

The costs of keeping your frozen holiday allowance funds as a savings account with us are very low. In fact, they are lower than with most other savings options.

In 2025, we in LD Pensions charged just 0.04% to manage your savings. Total investment costs amounted to just 0.38%. That’s a total of around 0.42% in annual costs.

Low costs mean your savings grow in value. This is because only a small portion of the Return is deducted to cover costs.

Your very own savings account

On the day you receive your accrued holiday allowance funds, you will be paid a single lump sum which you are free to use as you wish.

Your savings can remain in the scheme for as long as you wish, even after you become eligible for payment. You simply need to choose to defer the payouts. This can act as a sort of financial reserve or buffer, which can grow whilst you wait until you need it.

If you have chosen to defer the payouts, you can have your holiday allowance funds paid out at any time by requesting them via the self-service portal.

Questions about The Holiday Allowance Fund?

If you have any questions about The Holiday Allowance Fund, please contact The Holiday Allowance Fund’s customer service team. The customer service team can answer questions about reporting, payments, savings and so on.

70 11 41 00

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Nyheder

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