Pensioner

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Current issues

Remember to return your residence report

If you live permanently abroad and you have not returned your residence report yet, please return the form to us or confirm your residence report on our eServices by 17 of March 2017. If we do not receive your residence report or your confirmation by the due date we will suspend the payment of pension as of 1 April. We will resume the payment of pension as soon as we receive your residence report.

Would you like to raise the tax rate on your pension?

From the beginning of February, we will withhold tax from pensions according to the 2017 tax percentage reported by the Finnish Tax Administration. If you would like to pay a higher withholding tax rate than what the tax authorities have informed you of, you can notify our pension payments department of the higher tax rate by phone or in writing. If you contact us by the 25 January 2017, we will be able to use the higher tax rate as the withholding rate for your pension as of February.

Mailing of annual letter to pension recipients has begun in the middle of December

Varma’s pension recipients will receive a personal letter in December or January stating the amount of their index-adjusted pension and withholding tax as of 1 January 2017. The letter will also state the total amount of the pensions that have been paid and the tax that has been withheld in 2016, as well as the pension payment dates for 2017.

The adjusted earnings-related pension index will increase current pensions by approximately 0.59% at the start of 2017.

Every year along with the annual letter, Varma sends a residence report to be completed by our pensioners who live permanently outside of Finland. The report should be completed, signed and returned to us as soon as possible to ensure that the payment of pension is not interrupted. The residence report must be returned to us, even if the pensioner’s circumstances have not changed from the previous year. The residence report can now for the first time be confirmed on our eServices. This will speed up the handling of the residence report. The residence report can now for the first time be confirmed on our eServices. This will speed up the handling of the residence report. Varma's eServices are available for pensioners living abroad, provided that they have personal Finnish banking codes or a mobile certificate required for logging in to our service.

Earnings-related pensions will rise by approximately 0.6 per cent at the beginning of 2017

The Ministry of Social Affairs and Health has confirmed the indexes for earnings-related pension provision for the year 2017.

The earnings-related pension index in 2017 will be 2534. Compared to 2016, the earnings-related pension index will rise by approximately 0.6 per cent. The earnings-related pension index is used to adjust earnings-related pensions in payment. When calculating the earnings-related pension index, the changes in price level weigh 80 per cent and the changes in wage-earners’ income level 20 per cent.

Further information on the website of the Finnish Centre for Pensions

New eServices for our pensioners living abroad

As of 16 April 2016 can pensioners who live outside of Finland also access their own pension information, change their bank account and contact details and print out certificates by logging in with their Finnish banking codes or a mobile certificate. Log in to view and change your personal details.

Read more about the new eServices (pdf)

 

 

Current issues

Keeping your personal details up to date

Changing your pension bank account

You can change the bank account into which your pension is paid on our eServices, if you have Finnish banking codes or a mobile certificate required for logging in. If you do not have Finnish banking codes, please print out the form below and mail it, completed and signed, to the following address:

Varma Mutual Pension Insurance Company
Pension Payments
P.O. BOX 3
FI-00098 VARMA, Finland

You can also inform us of your new bank account number in a free-form letter sent to us either by post or by fax. We cannot change your bank account number over the phone or via e-mail, because the notification of a changed bank account must contain the pensioner’s signature.

Print out the notification of a changed bank account form (pdf)

Change of address

If you move, we usually receive information about your new address in Finland directly from the Finnish Population Register Authority. If you live outside of Finland, however, we do not automatically receive information about changed addresses. For that reason, it is important that you notify our pension payments department if you live outside of Finland and your address changes. If you have Finnish banking codes or a mobile certificate, you can change your address yourself by logging in to our eServices. You can also notify Varma of a changed address by email, post or fax, or by using the secure electronic form below.

Notification of a changed address outside of Finland 

View and change your personal details

  • Next pension to be paid
  • Pensions paid (12 previous months)
  • Changing your account number
  • Changing your contact details
  • Printing out pension certificates
Your personal details

Pension payment dates

  • Earnings-related pensions are paid in advance on the first banking day of each month.
  • If the first day of the month is a Saturday, Sunday or holiday, you can withdraw your pension on the next business day.

In accordance with Finnish pension legislation, earnings-related pensions can only be paid once during each calendar month. The payment day cannot be moved to the preceding month, because the right to receive a pension exists on a monthly basis.

Pension taxation

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Pension certificates

When dealing with the tax office, the social insurance institution (Kela) or social service offices, you may be required to provide proof of your pension. Through our eServices, you can print out a certificate stating the amount of your monthly pension, as well as the pension payments that have been made in the current or previous year.

If you do not have Finnish banking codes or a mobile certificate required for logging in, you can use the electronic form below to request the certificate you require. If you require a certificate in English, please indicate this in the field ‘Additional information’. We will send you the certificate by post to your home address.

Request for a certificate 

If you require a pension certificate in a language other than English or Finnish, please contact:
Varma
Pension Payments
P.O. BOX 3
FI-00098 VARMA, Finland or
send an email to: pensionpayments@varma.fi.

Print out
a certificate

If you log in to our eServices, you can print out a certificate

  • of the amount of the monthly pension
  • of the pensions paid during the current year
  • of the pensions paid during the previous year
Print out a certificate

Frequently asked questions

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Employee pension card

Employee pension cardWe will send the employee pension card, which entitles the holder to pensioner discounts, by post to your home address roughly two weeks after the pension decision has been granted. You can obtain the pension card from Varma if we have granted you:

  • old-age pension
  • early old-age pension
  • permanent, full disability pension or
  • unemployment pension.

If you are receiving partial early old-age pension, part-time pension, partial disability pension, the cash rehabilitation benefit or survivors’ pension you are not entitled to the employee pension card, since only persons with a full pension can receive the card.

The nowadays trilingual employee pension card serves as proof of retirement also outside of Finland. If you do not have one yet, you can request one from us. You can also order a new card if your old card has been lost or damaged.

Request for an employee pension card 

Pensioners living abroad

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