You can apply for your old-age pension when you reach your retirement age. You can apply for the pesnsion from both the earnings-related pension scheme and the national pension scheme (Kela) at the same time.
If you have Finnish online banking credentials, you can apply for your pension online. Note, however, that the online service is available only in Finnish and Swedish. If you submit your pension application online, it can be processed more rapidly. Get started by clicking the button “Log in” You will be forwarded to your own pension provider’s application service.
Before you log into the application service, make sure you have the IBAN and BIC codes of your bank account. You will have to enter them into your application. You can find the codes on your bank statement.
If your own pension provider does not offer an online application service, you can fill in a paper from or print out a form (7001e) that you have filled in online.
Before your old-age pension can begin, you must have stopped working. You have to resign from your job according to the terms of notice of your collective agreement.
If you are self-employed, you can claim your old-age pension an continue your self-employment. In that case, you will not be able to continue paying statutory pension insurance. If you wish, you may, but you do not have to, insure your continued work with voluntary pension insurance.
You can apply for your old-age pension three months in retrospect, counted from the month before your submitted your application.
If you are also applying for a pension from abroad, you have to fill in and print out Appendix U and submit it separately on paper (if you apply for your old-age pension online) or attach it to your printed pension application.
The retirement ages will rise gradually as of 2017.
|Retirement ages for people born before 1965 (old-age pension)|
|Year of birth||Retirement age||Age when your insurance obligation ends|
|1954 or earlier||63||68|
|1955||63 years and 3 months||68|
|1956||63 years and 6 months||68|
|1957||63 years and 9 months||68|
|1959||64 years and 3 months||69|
|1960||64 years and 6 months||69|
|1961||64 years and 9 months||69|
Occupational retirement age forms an exception
If you work in the public sector, you may have an occupational retirement age. That means that you may be entitled to retire on an old-age pension already before the age of 63.
As a result of the 2017 pension reform, the occupational retirement ages will rise gradually.
|How occupational retirement ages rise|
|Year in which you reach your occupational retirement age||Increase to your occupational retirement age|
|2018||+ 3 months|
|2019||+ 6 months|
|2020||+ 9 months|
|2021||+ 1 year|
|2022||+ 1 year and 3 months|
|2023||+ 1 year and 6 months|
|2024||+ 1 year and 9 months|
|2025 and later||+ 2 years|
Retirement age of the national pension
The retirement age under the national pension scheme is 65 years. If you qualify for a national pension, you can choose to take it out early, as of age 63. However, if you were born between 1958 and 1961, you can take out an early national old-age pension as of age 64.
If you take out your national old-age pension early, it will be permanently reduced by 0.4% for each month from when you start drawing the pension to the month after you turn 65. If you wait to take out your national old-age pension at age 65, it will not be reduced.
In the future, when the retirement age of the old-age pension of the earnings-related pension system is linked to life expectancy as of those born in 1965, the retirement age of the national old-age pension will correspond to that of the earnings-related old-age pension.
Claiming the pension funds you have earned in retirement
If you have worked while drawing an old-age pension, you have earned new pension funds for that work. You have to apply for that pension separately once you have turned 68 years. Use the form for an old-age pension (7001e) to claim this pension.