Amount of pension

Check your pension record annually

As the Incomes Register is now live, the information in your pension record is updated considerably more frequently than before. On our eServices, you can check your information when it suits you.

What does your pension consist of?

Your earnings-related pension is affected by

• annual earned income or, if your are self-employed, your YEL income 
• certain unpaid periods and
• the life expectancy coefficient

If your earnings are at least €61.37/month in 2021 (€60.57/month in 2020), your employer has to insure you. Self-employed activities need to be insured if they continue for at least 4 months and the earned income is at least EUR 8,063.57/year in 2021 (EUR 7,958.99/year in 2020).
A small earnings-related pension is supplemented by Finnish national pension, read more from Kelas web page.

If you are already receiving pension, you will no longer receive a pension record. Check your pension details on our Pensioners’ services page.

See detailed instructions for checking the pension record.

You can also read more about pension accrual during unpaid periods.

If you notice any missing information in your earnings information preceding 2019,

• sign in to eServices and submit a request for clarification or
• report an error in public-sector earnings information to Keva.

If you have not yet applied for pension, you can order an estimate on our eServices or try out our pension calculator.

When will I receive my pension record?

In our eServices, you can see your up-to-date earnings-related pension record. We mail earnings-related pension records every three years to those who have not checked their pension record in our eServices. In August–November 2020, we will mail pension records to those born in May–August and to those born in 1951–1961. 

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.

Mailing schedule for pension records

Retirement ages will change gradually for those born in or after 1955. Pension accrues on earnings at a rate of 1.5% annually. During the transition period between 2017 and 2025, pension will accrue at a rate of 1.7% per year for those aged between 53 and 62. The increase for deferred retirement will raise your pension by 0.4%/month if you delay your retirement until after you reach your lowest retirement age. You will not receive the increase if you

• receive unemployment benefits
• already receive old-age pension
• receive disability pension

The amount of pension is affected by the life expectancy coefficient (FCP).

Varma secures your earnings-related pension (pdf).

To estimate your future pension and to check your retirement age use our pension calculator or log in to our eServices.

How to apply for old-age pension.
Old-age pension (pdf).

A 62-year-old long-term unemployed employee can receive old-age pension if he/she is born before 1958 and he/she is entitled to additional days of unemployment allowance. You can check your accrued pension from your pension record.

How to apply for old-age pension for the unemployed.
Pension cover for the unemployed (pdf).

Partial old-age pension is 25 or 50 per cent of the pension you have accrued. Age limit is 61 years. You can estimate the amount of your partial old-age pension by  using our pension calculator or by logging in to Varma's eServices.

Plan your partial old-age pension well.
How to apply for partial old-age pension.
Partial old-age pension (pdf)

You are entitled to disability pension (or the fixed-term rehabilitation benefit) if you have not yet reached retirement age and your workability has deteriorated considerably. The amount of pension is affected by

• the amount of pension accrued during your career and
• the pension for projected pensionable service.

The partial disability pension is half of the full pension.

You can calculate an estimate of your disability pension in our  eService.
Read how to apply for disability pension.
Disability pension (pdf).
Income during rehabilitation.

You may consider applying for the years-of-service pension, if

• you are 63, but have not yet reached retirement age
• you have performed strenuous and wearing work for at least 38 years 
• your workablity is reduced by illness, handicap or injury and
• you perform strenuous full-time work or have stopped performing this kind of work less than a year ago.

The years-of-service pension consists of the pension the person has accrued until retirement without any registered supplemental pension.

Should you apply for years-of-service pension?
Years-of-service pension (pdf).

The survivors’ pension can be granted to a child under 18 years of age, a spouse or a partner in a registered partnership. A common-law spouse is not entitled to survivors’ pension.

The pension is determined by the number of beneficiaries and is at maximum equal to the primary beneficiary’s employment pension. The surviving spouse’s pension may be decreased, if there are no children under the age of 18.

Check the surviving spouse’s right to pension and calculate how does the surviving spouse’s employment pension influence the surviving spouse’s pension?

How to apply for survivors’ pension.
Survivors' pension (pdf).

The surviving spouse can receive survivors' pension if the marriage was entered into before the primary beneficiary turned 65. When the deceased person and his/her spouse have no common children, there are conditions on the granting of survivors’ pension related to the widow(er)’s age, marital status and duration of marriage. A common-law spouse is not entitled to a survivors' pension.

Note! When calculating spouse's pension use only amounts of employment pensions. National pension is not included. If the spouses are not yet pensioners, the disability pension’s amount is used to calculate the survivor’s pension. 

The spouse’s pension may be decreased, if

• there are no under-aged children
• spouse’s pension has been granted based on a death that has occurred on 1 July 1990 or later. 

• The widow(er is over the age of 65 or retired: The deduction becomes applicable as soon as the widowed person begins to receive survivors’ pension.
• The widow(er) is under 65, has not retired: The widowed person will receive half of the deceased’s pension for an initial period of 6 months. The deduction becomes applicable no sooner than six months after the widowed person begins to receive the surviving spouse’s pension.
• The youngest child turns 18: The deduction becomes applicable at the beginning of the month following the child’s birthday.
• The widow(er) is granted employment pension: The deduction is recalculated based on the widowed person’s actual employment pension.