Danish ad-agency pact rewrites pension-provider switch rules

Employers covered by the Reklame- og Forlagsoverenskomsten, the collective agreement for photographers, graphic artists and designers employed by advertising agencies and publishers who are members of Dansk Erhverv Arbejdsgiver, face rewritten terms for changing pension provider. The occupational scheme still defaults to Pension for Funktionærer – PFA Pension, but any covered employer may now switch providerDanskerhverv. The previous bars for employers with a FunktionærPension history and for newly covered employers without an existing scheme are goneDanskerhvervDanskerhverv, and so is the mandatory ballot among pension-entitled employees in which a majority of votes cast decided the switchDanskerhverv.

The new procedure in § 7, stk. 5, applies to switches where notice of the switch is given on 1 January 2026 or later; until then the 2023–2025 switch rules applyDanskerhverv. The parallel firm-pension switching agreement states the same conditions from 1 July 2025Danskerhverv. Notice is given by sending an oplysnings- og indeståelsesblanket to HK PrivatDanskerhverv, with a minimum of 3 whole calendar monthsDanskerhverv, and only once the point-6 disclosures have been made to each employeeDanskerhverv. The transfer of employees' depots must cost employees nothing, with no deduction at either the ceding or the receiving company.Danskerhverv

The receiving company must take over everyone from the previous firm scheme, including employees in fleksjobDanskerhverv, on the basis of the health information or arbejdsdygtighedserklæring already givenDanskerhverv. The only employees excluded from the switch are sick employees who, as a result of events before the switch, meet the criteria for benefits on reduced earning capacity, including those whose qualifying waiting period has not yet expiredDanskerhverv; they stay with the ceding company on undiminished termsDanskerhverv, with no increase in costs or insurance prices on that ground, and move to the receiving company with effect from the 1st of a month as soon as the obstacle ceases, at the ceding company's initiativeDanskerhverv. An employee so transferred may within 3 months of receiving notice of the transfer notify the employer in writing of preferring transfer to PFF instead.Danskerhverv Employees in fleksjob who kept a scheme from an earlier employment with another pension company may stay in it or notify the employer in writing before the switch that contributions should go to the receiving company or PFFDanskerhverv; a scheme taken up at the receiving company or PFF through that choice carries no cover for loss of earning capacityDanskerhverv.

Each employee must receive seven items of informationDanskerhverv: administration, service and advice costs; investment costs; any pension-broker costs and subsidies; the summed total annual costs in kroner and per cent (ÅOK/ÅOP); an optional description of terms to be highlighted; insurance premiums; and contact details for questions. The receiving pension company is responsible for preparing and communicating themDanskerhverv, as a type example following F&P's omkostningshenstilling rather than individualised figures, in the Bilag 1 formDanskerhverv, which also carries the company's indeståelseserklæring warranting that the scheme meets the agreement's conditions. The blanket is sent to HK Privat at tilfaglig-afdeling@hk.dk. If the information was not supplied before the switch, the employee may claim it through the employer within 1 monthDanskerhverv, and the deadline for opting for PFF then runs 3 months from receiptDanskerhverv.

The new switch regime is a trial scheme for the current agreement period. Unless the parties agree to continue it, the 2023–2025 rules are reinstatedDanskerhverv, except that the takeover protections in § 7, stk. 5, pkt. 5, paragraphs 1–3 and the corresponding paragraphs of the firm-pension switching agreement are kept. Legal basis: § 7, stk. 5, Aftale om skift af leverandør, Aftale om Oplysnings- og indeståelsesblanket ved skift af pensionsordning and BILAG 1 of the Reklame- og Forlagsoverenskomsten 2025–2028.