The new fund accommodates the wishes of both the employees and the employers. It ensures the employees’ vacation money and furthermore allows the employers to retain the means as long as needed - but no later than retirement age of the individual.
Both funds in LD Pensions’ portfolio aim to increase the means as much as possible, thus building a supplementary savings that can be paid out, when the employee leaves the labour market.
The fund's official name is Lønmodtagernes Fond for Tilgodehavende Feriemidler. In everyday speech: Lønmodtagernes Feriemidler.