I want information about the index increments at the turn of the year 2026/2027

When you retire and the amount of your pension is calculated, the wage coefficient is used to adjust wages and confirmed income for your working career to the level of the year when the pension starts. The wage coefficient ensures that the accrued pension retains its value relative to how earnings have developed.

During retirement, the earnings-related pension index protects your pension when prices and wages rise. The amount of your pension is adjusted each January on the basis of the earnings-related pension index.

The Ministry of Social Affairs and Health confirms the indices for earning-related pension cover for 2027 by the end of October.

The longer you work, the bigger your pension will be. The amount of your pension is more affected by earnings that accrue pension, and by the increment for deferred retirement after the minimum pensionable age than by the indexes. You can log in to Varma Online Service to calculate your estimated pension based on the new indices.

Example:

• If you retire on 1 December 2026, earned income affecting your pension is adjusted by using the 2026 wage coefficient. The earnings-related pension index will increase the amount of your pension paid from 1 January 2027.
• If you retire on 1 January 2027, the earned income affecting your pension is adjusted by using the 2027 wage coefficient. Your pension will not be increased with the earnings-related pension index for the first time until 1 January 2028, using the earnings-related pension index for 2028.

Log in to Varma Online Service and calculate a pension estimate