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Lønmodtagernes Feriemidler

Lønmodtagernes Feriemidler

Contributions

Each year in July, you will get a payment order from Lønmodtagernes Feriemidler.

Here you will also be able to see what options you have for keeping or paying the rest of the holiday pay from the transition year. You will therefore be notified if there is something that you need to do or decide upon.

Annual payment orders sent in June

In July 2021, you will for the first time receive the annual payment from Lønmodtagernes Feriemidler.

You will be asked to pay in holiday pay for the transition year for employees who are entitled to have the holiday pay disbursed by Lønmodtagernes Feriemidler. This will happen completely automatically if the employee:

  • dies

  • has applied for payment of the holiday pay

  • reaches the state retirement age

  • has accrued holiday pay that is under DKK 1,500 in the transition year .

You must pay the payment order no later than 1 September of that same year.

Keeping the rest of the holiday pay

When you pay the payment order, you will automatically confirm that you want to keep the remaining holiday pay from the transition year in the company. If there are years in which you do not receive an annual payment order (because you do not have employees in the abovementioned circumstances), then you must state so by no later than 31 August if you still wish to keep the remaining holiday pay in the company.

You can read about this in the letter you will receive each year in July.

Voluntary contributions

You have the opportunity to pay some or all of the remaining holiday pay via the self-service platform.

The remaining holiday pay is the holiday pay from the transition year that you are not paying via the annual payment order.

If you want to pay the remaining holiday pay

You can pay all holiday pay from the transition year to Lønmodtagernes Feriemidler via the self-service platform.

If you want to pay some of the holiday pay

You can opt for a mixed approach where you pay for some employees but not for others. You can do so on an ongoing basis. For example, you can choose to pay holiday pay for employees over the age of 50 and keep the holiday pay for the rest of your employees. You can also choose to stop paying holiday pay for employees who stop working for you. You must pay an annual indexation of the holiday pay that you choose to keep.

If you wish to keep the holiday pay

You have the option of keeping the holiday pay that you do not have to pay via the annual payment order sent in July.

If you wish to keep holiday pay from the transition year, you must notify Lønmodtagernes Feriemidler of this by no later than 31 August each year. If you choose to keep the money, you will need to pay an annual indexation. An indexation is a kind of interest that you pay to keep the holiday pay. The indexation is added on top of the holiday pay that you have chosen to keep in the company.

How is the rate of indexation determined?

The rate of indexation is calculated based on the amount that you have chosen to keep. The indexation reflects salary developments in the previous year and is calculated and fixed once per year before 31 May. You will receive a letter in July with information on the indexation.

You can always choose to pay

Even though you have chosen to keep the holiday pay in the company, you can always choose to pay them. You can pay year round. For example, you can choose to pay when an employee is dismissed or resigns. If you want to shut your company down, you must remember to pay holiday funds for all employees.

Each year in July, you will receive a payment order from Lønmodtagernes Feriemidler.

Here you will also be able to see what options you have for keeping or paying the rest of the holiday pay from the transition year. You will therefore be notified if there is something that you need to do or decide upon.

Legislation etc.

Here you can find information on legislation, how to complain and read about how we process personal data.

Go to legislations etc.

Updated 26.02.2021
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