Skip to content

Partial old-age pension

The lowest age limit is 61.

Amount of pension
is 25 or 50% of the pension accrued until the end of the previous year.

Reduction for early retirement
If the partial pension is taken out before the minimum age for old-age pension, the part that is taken is reduced by 0.4% for every month of early retirement. Example: the minimum age for old-age pension is 63 years and 6 months for a person born in 1956. If the person takes out partial old-age pension at 61, the reduction is:
30 (months) x 0.4% = 12%. The reduction is permanent and thus it also affects the final old-age pension.

If the partial pension is taken after the minimum age for old-age pension, there will be an increase of 0.4% per deferred month.

An estimate can be calculated using personal online banking codes.

should be submitted 1 month before the start of the pension. Electronic application or pdf form.

Working while drawing pension
Working is neither restricted nor required when drawing a partial old-age pension.

If an employee wishes to work fewer than the regular working hours in order to retire on partial old-age pension, the employer shall organize the work so that the employee may do parttime work. Accoring to the Working Hours Act the working hours shall be reduced in a manner agreed upon by the employer and the employee, taking into consideration the needs of the employee and the production and service activities concerned.

Read more (pdf)

(function (w, d, s, l, i) { w[l] = w[l] || []; w[l].push({ 'gtm.start': new Date().getTime(), event: 'gtm.js' }); var f = d.getElementsByTagName(s)[0], j = d.createElement(s), dl = l != 'dataLayer' ? '&l=' + l : ''; j.async = true; j.src = '//' + i + dl; f.parentNode.insertBefore(j, f); })(window, document, 'script', 'dataLayer', 'GTM-MJL5CR'); (function(w, t, f) { var s='script',o='_giosg',h='',e,n;e=t.createElement(s);e.async=1;e.src=h+'/live/'; w[o]=w[o]||function() {(w[o]._e=w[o]._e||[]).push(arguments)} ;w[o]._c=f;w[o]._h=h;n=t.getElementsByTagName(s)[0];n.parentNode.insertBefore(e,n); })(window,document,3860); (function(h,o,t,j,a,r){ h.hj=h.hj||function(){(h.hj.q=h.hj.q||[]).push(arguments)}; h._hjSettings={hjid:928553,hjsv:6}; a=o.getElementsByTagName('head')[0]; r=o.createElement('script');r.async=1; r.src=t+h._hjSettings.hjid+j+h._hjSettings.hjsv; a.appendChild(r); })(window,document,'','.js?sv='); var _paq = _paq || []; /* tracker methods like "setCustomDimension" should be called before "trackPageView" */ _paq.push(["setCookieDomain", "*"]); _paq.push(["setDomains", ["*"]]); _paq.push(['trackPageView']); _paq.push(['enableLinkTracking']); (function() { var u="//"; _paq.push(['setTrackerUrl', u+'piwik.php']); _paq.push(['setSiteId', '1']); var d=document, g=d.createElement('script'), s=d.getElementsByTagName('script')[0]; g.type='text/javascript'; g.async=true; g.defer=true; g.src=u+'piwik.js'; s.parentNode.insertBefore(g,s); })();