Old-age pension for long-term unemployed

An aged long-term unemployed person can take out old-age pension at 62 if the following 2 conditions are met:

born in 1957 or earlier, and
receives extended unemployment allowance

Extended unemployment allowance requires that

the applicant has been working for at least five years during the past 20 years, and
if born in 1955 or 1956, reaches the age of 61 before exhausting the maximum payment period, or
if born in 1957 or later, reaches the age of 61 before exhausting the maximun payment period.

A person born in 1958 or later cannot retire on old-age pension before the lowest retirement age of the age group.

More information on earnings-related unemployment allowance and extended unemployment allowance is available at the Federation of Unemployment Funds tyj.fi. Information about basic unemployment allowance at Kela. A large employer may be obliged to pay the employer’s liability component if it has dismissed an elderly employee and the employee has been unemployed for a long time, read more at tvr.fi/en/.

Old-age pension long-term unemployed born before 1958

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