Private customer

Your future pension

You can easily see how much pension you have accrued in your pension record. For those born in 1955, the lowest age of retirement is 63 years and 3 months and for those born in 1956, 63 years and 6 months.

• To estimate your future pension and
• to check your age of retirement use our pension calculator.

You can also use the calculator to estimate the new partial old-age pension.

See how different types of pension are formed.

Apply for pension

You can fill in the application easily on our website. You can also opt for a digital pension decision:

• old-age pension
• partial old-age pension
• disability pension
• years-of-service pension and 
• survivors' pension

You can easily submit for example  your old-age pension application two weeks before the start of retirement but it is a good idea to start planning for your retirement long before this.

Current issues

• The earnings-related pensions will increase by 1.2 per cent at the start of the year. The pension accruals for clients of working age will increase by around 2 per cent.

• The confirmed life expectancy coefficient will lower old-age pensions starting in 2020 or later for clients born in 1958 by 4.596 per cent.

• When receiving disability pension or years-of-service pension or undergoing rehabilitation, you can earn up to your income limit. The general income limit for 2020 was EUR 834.52 per month. You can check your personal income limit through our online service.

• The mailing of annual letters to pension recipients has begun. Learn more about letters.

• Pensions for January are paid on Thursday 2 January. Check when pensions will be paid in 2020.

• Reaching retirement age in January? Apply for the pension about two weeks prior to your retirement through our online service. Learn more about applying for pension. 

Rehabilitation

If an illness is making it difficult for you to continue working, look into your possibilities for vocational rehabilitation, i.e.:

• a work trial
• job coaching
• vocational training or
• a business subsidy

Find out about your options, the application process and compensation.

Pensioner

We collected all the information you need to know about

• pension payment days
• pension taxation
• changing your bank account
• pension certificates, and
• the employee pension card

You can also find out how moving abroad affects your pension.

Working during retirement

You may work while collecting old-age pension without any impact on your pension paid by Varma. Disability and part-time pension are subject to an earnings limit that the pensioner should be aware of.

Apply for the payment of a new pension accrued during retirement no later than at the age of 68.