You can receive part-time pension when you have reached the age of 61 and have transferred from full-time work to regular part-time work. The pension is
- for an employed person, 50% of the difference between the standard earnings for full-time work and income for part-time work
- for a self-employed person, 50% of the difference between the standard and halved confirmed YEL earnings.
The last cases of part-time pension will begin on the 1st of January, 2017. Thereafter, the new option is partial old-age pension.
Example of part-time pension
Standard earnings are calculated from the preceding five years' earnings.