Pension record shows your accrued pension and an estimate of your future pension

The pension record provides a concrete overview of how the paid earnings-related pension insurance contributions affect your accrued and future pension.

Check the development of your own pension coverage from the pension record

Log in to our Varma Online Service and check your electronic pension record, in which you can view your accrued pension and an estimate of your future pension. The information in the pension record is based on the income and benefit data in the Incomes Register. Make it a routine to check the information annually.

Which data is included in the pension record?

Varma’s electronic earnings-related pension record includes earned income and benefit data for the current year and the previous six calendar years. In addition, the record includes a calculated estimate that has data for the entire working career.

The electronic earnings-related pension record provides real-time information about earnings, as the earnings in-formation submitted by the employer to the Incomes Register is included in the record on the 8th day of the month following the payment month. An entrepreneur’s confirmed income information from the previous month is visible on the 1st day of the month. Pension accrued on the basis of benefits paid during unpaid periods may be missing from the amount of accrued pension and benefit information during the first months of the year. The payers of benefits for unpaid periods, such as Kela and unemployment funds, record the previous year’s information in the register by 31 March.

Earnings-related pension is accrued from earnings and from specific benefits during unpaid periods

Pension is accrued from wages earned at work and confirmed YEL income and from specific benefits during unpaid periods, such as earnings-based daily allowance and parental allowance. The employer provides information to the Incomes Register on payments of earned income for all 17–67-year-olds for which the employer pays at least EUR 62.88 on a monthly basis. Entrepreneurs aged 18–67 take out their own insurance when their confirmed income, that is, the estimated value of their work, is at least EUR 8,261.71 a year and they have been entrepreneurs for at least four months.

Who receives a pension record?

An earnings-related pension record is provided to 18–68-year-old employees and entrepreneurs who live in Finland and who have employment that has been insured pursuant to earnings-related pension legislation and for whom no pension has yet been granted. However, recipients of partial old-age pension can view their earnings data from the first year of their pension onwards.

Employees and entrepreneurs insured by Varma can view their real-time information in an electronic record at their convenience.

We mail earnings-related pension records every three years to those who have not checked their data in the elec-tronic pension record. This year, we will mail earnings-related pension records to people under 60 years, who were born in January–April and to people born in 1953–1962, regardless of the month in which they were born. The pension record to be mailed will be more succinct than before, as it will only show earnings information from the last six months. The information concerning the previous occupational history is recorded on the electronic pension record, where it can be reviewed. A more detailed mailing schedule for the pension records will be published in May.

Check the information in your pension record and submit an enquiry if necessary

  • When the information in the pension record you have checked is in order and there is nothing to correct, you do not need to do anything else.
  • If corrections are needed regarding your data for 2019 or later, please notify your employer. Your employer will then correct the data in the Incomes Register, from where they are updated to your earnings-related pension record.
  • If you notice that information regarding years preceding 2019 is incorrect or missing, please submit an en-quiry through the Varma Online Service.

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