About LG
LG is the Lønmodtagernes Garantifond (the Employees' Guarantee Fund), and was established by statute in 1972 as part of the Danish social insurance system. LG is supervised by the social partners and is regulated by a special legal statute.
The Specifics
LG makes sure that wage earners receive their pay, holiday pay, pension and pay supplements if their employer
- is declared bankrupt
- ceases trading
- is in suspension of payments
and is unable to pay employees what they are due.
LG is not only there to help employees, it also helps to preserve businesses at risk.
LG is a jointly and severally liable insurance fund. This means that the fund's money comes from the contributions which all private-sector employers are required to pay.
What do you need to do?
- First you need to confirm that your employer has been declared bankrupt by the court or is in suspension of payments.
- You must observe the LG time limit for claiming money due to you: Time limit
You must fill in a form and send it together with proof of the money you are claiming cover for Filing a claim.
For more information: Make a claim to the LG , How to file a claim
What does LG do?
If you are entitled to money, we will let you know.
Click here to see what happens next after you have filed your claim with us: What happens next?