Familiarise yourself with the pension benefits

Earnings-related pensions help you in different life situations. In this section you can read about the different pension benefits.

The most common earnings-related pension is the old-age pension. But earnings-related pensions provide for you also if you become disabled or if a wage earner in your family dies. You can retire on a partial old-age pension when you turn 61.

You earn your earnings-related pension by working or by being a self-employed person. If your earnings-related pension is small, you may have a right to receive a national or a guarantee pension paid by Kela.

Pension benefits in brief

Old-age pension

You can retire on an old-age pension when you reach the retirement age of your birth year. In other words, your year of birth determines when you can retire on an old-age pension. The later you retire, the higher your monthly pension will be.

Read more about the old-age pension

Partial old-age pension

When you are on a partial old-age pension, you can decide yourself how much you want to work. You can retire on a partial old-age pension as of age 61. The part of your pension that you take out early (before you reach your retirement) age will be permanently reduced.

Read more about the partial old-age pension

Rehabilitation or disability pension

Rehabilitation is always a primary alternative if your work ability is reduced. Rehabilitation can help you continue working.

The disability pension is an option only once your illness, handicap or injury reduce your working ability in the long run, for more than one year.

Read more about rehabilitation

Read more about disability pension

Years-of-service pension

You may qualify for a years-of-service pension if:

  • you have done mental or physical work that requires great effort for at least 38 years;
  • your ability to work is reduced;
  • you were born in 1955 or later; and
  • you are 63 years old.

Read more about the years-of-service pension

Survivors’ pensions

The survivors’ pensions replace income that is lost when a family wage earner dies.

Read more about survivors’ pensions