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 €58.27/month in 2018 (€58.19/month in 2017), 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 7,656.26/year in 2018.

Check your earnings-related pension record annually to make sure your earnings information is up to date. On our eServices, you can check your information when it suits you.
Varma secures your earnings-related pension (pdf)