The partial old-age pension allows you to withdraw part of your accrued earnings-related pension before you start receiving a full old-age pension. The partial old-age pension is paid only from the earnings-related pension scheme (not from the national pension scheme). Taking out a partial old-age pension will permanently reduce your pension if you take it before reaching the minimum retirement age.
To qualify for a partial old-age pension, you must have been born in or before 1963 and be at least 61 years old. The minimum age rises to 62 for those born in 1964 and gradually for those born later. Check your age limit using the retirement age calculator on the Työeläke.fi website.
How to claim for a partial old-age pension
Partial old-age pension while working
You can work and earn as much as you like while drawing a partial old-age pension, or stop working altogether. If you are self-employed and you continue working in your own business while receiving a partial old-age pension, you must have valid insurance under the Self-employed Persons’ Pensions Act.
When can I not be granted a partial old-age pension?
You cannot get a partial old-age pension if you get any other earnings-related pensions from Finland based on your work, the farmers’ early retirement aid or if your disability pension is dormant because you are working.
Retiring early will permanently reduce your pension
When you retire on a partial old-age pension, you can draw 25% or 50% of the pension that you have accrued up to that time. If you take out a partial old-age pension early, note that the part you are taking out will be permanently reduced by 0.4% for each month from when you start drawing your pension to the month after you reach your retirement age. Consider carefully before retiring early as your pension will be reduced for the rest of your life.
Taking out 50% of your accrued pension as a partial old-age pension will reduce your future pension twice as much as if you take out 25% of your accrued pension. This is because when you take out 50% early, the reduction for early retirement applies to a larger part of your pension. If you choose to take 25% of your pension, you can later increase it to 50%. If you take 50%, you cannot later reduce that to 25%.
If you have accrued 2,000 euros in earnings-related pension and you take 50 per cent of your pension three years before you reach your retirement age for a full old-age pension, your monthly full old-age pension will be reduced permanently by 144 euros. Before you apply for a partial old-age pension, contact your pension provider to find out how much pension you will get and the tax administration to find out how your earnings and your pension will be taxed.
If you work while drawing a partial old-age pension, you will earn additional pension for your work as usual. Read more about pension amounts
Try out the calculator that will give you a general estimate. You will find more detailed information on and help in your life situation on your pension provider’s website. Instructions continue after the calculator.
Use the calculator to estimate the amount of your partial old-age pension
Use the calculator to estimate your partial old-age pension and how it will affect your future pension.
If your partial old-age pension has been reduced because you retired early and you are entitled to a national pension, the reduction will be taken into account as income when your national pension is calculated. In practice this means that the national pension will not compensate for the early retirement reduction in your partial earnings-related pension.
Partial old-age pension after reaching your retirement age
There is no age limit for granting or paying out a partial old-age pension. Your partial old-age pension is converted into an old-age pension only if claim your old-age pension.
If you retire on a partial old-age pension after you have reached your retirement age, the part that you take out will be permanently increased by 0.4% for each month from your retirement age to when you start drawing your partial old-age pension.
You can also postpone drawing your full old-age pension after reaching your retirement age even if you have drawn a partial early old-age pension. If you defer your old-age pension, the part of the pension that you have not drawn early will be increased with an increment for late retirement of 0.4% for each month that you have deferred retirement.
Partial disability pension as an option
If your work ability is clearly limited, it is worth discussing with your doctor and employer about a partial disability pension before applying for a partial old-age pension. To receive a partial disability pension, your work ability must be reduced (contrary to the partial old-age pension, which you can be granted without a reduced work ability).
If your work ability is reduced, but not enough to receive a partial disability pension, a partial old-age pension may be a viable option.
Read more about the (partial) disability pension
Go to the (partial) disability pension application instructions
Your partial old-age pension will continue until you retire on an old-age pension or you are granted a disability pension. If you are drawing a partial old-age pension, you have to apply for your full old-age pension separately. You can apply for it at any point between your retirement age and the age when your insurance obligation ends. Your full old-age pension will then consist of your reduced partial old-age pension taken out early and the remaining pension you have earned.
You don’t have to notify your employer of drawing a partial old-age pension.
If you wish to make changes to your working hours, you have to agree on it with your employer. You don’t have to notify your pension provider of any changes to your working hours or other work arrangements because they don’t affect the granting of the pension. If you stop working altogether, you have to resign from work in a regular manner.
Notify your pension provider if you are self-employed and change the amount of your work input when you start drawing your partial old-age pension.
The partial old-age pension is pension income for which you must pay personal income tax. You get a deduction from pension income for the partial old-age pension.
If you retire on a part-time pension and your income from work are reduced, your tax and contribution rates will also be reduced. Correspondingly, your tax rate will increase if your previous income level remains the same and you receive a partial old-age pension on top of that.
If you receive a partial old-age pension and continue working, you pay tax and contributions on your wage. The tax and contribution rates when you have a combined pension and wage income is usually smaller than if your total income consisted of only a wage or only a pension.
For more information on taxation, contact the Tax Administration.
The table below presents the net income and tax and contribution rates of a person receiving a partial old-age pension on different income and pension levels in 2025. The last column of the table shows what the tax and contribution rates would be if the person were to receive only a wage and no partial old-age pension.
The person is assumed to be 62 years old. Deductions based on work and the average municipal tax (7.46%) have been taken into account. The Church tax has not been taken into account.
Example table Partial old-age pension and taxation 2025
| Partial old-age pension | Wage while receiving a partial old-age pension | Total gross income | Net income | Tax and contribution rate | Tax and contribution rate of wage without partial old-age pension- % |
|---|---|---|---|---|---|
| 400 | 0 | 400 | 400 | 0,0 | 0,0 |
| 400 | 500 | 900 | 854 | 5,1 | 9,2 |
| 400 | 1000 | 1400 | 1306 | 6,7 | 9,2 |
| 400 | 1500 | 1900 | 1735 | 8,7 | 10,4 |
| 400 | 2000 | 2400 | 2083 | 13,2 | 14,8 |
| 400 | 3000 | 3400 | 2609 | 23,3 | 22,8 |
| 400 | 4000 | 4400 | 3070 | 30,2 | 29,0 |
| 600 | 0 | 600 | 600 | 0,0 | 0,0 |
| 600 | 500 | 1100 | 1054 | 4,2 | 9,2 |
| 600 | 1000 | 1600 | 1501 | 6,2 | 9,2 |
| 600 | 1500 | 2100 | 1917 | 8,7 | 10,4 |
| 600 | 2000 | 2600 | 2204 | 15,2 | 14,8 |
| 600 | 3000 | 3600 | 2711 | 24,7 | 22,8 |
| 600 | 4000 | 4600 | 3185 | 30,8 | 29,0 |
| 800 | 0 | 800 | 800 | 0,0 | 0,0 |
| 800 | 500 | 1300 | 1254 | 3,6 | 9,2 |
| 800 | 1000 | 1800 | 1675 | 6,9 | 9,2 |
| 800 | 1500 | 2300 | 2052 | 10,8 | 10,4 |
| 800 | 2000 | 2800 | 2322 | 17,1 | 14,8 |
| 800 | 3000 | 3800 | 2810 | 26,0 | 22,8 |
| 800 | 4000 | 4800 | 3300 | 31,3 | 29,0 |
| 1000 | 0 | 1000 | 1000 | 0,0 | 0,0 |
| 1000 | 500 | 1500 | 1441 | 3,9 | 9,2 |
| 1000 | 1000 | 2000 | 1802 | 9,9 | 9,2 |
| 1000 | 1500 | 2500 | 2177 | 12,9 | 10,4 |
| 1000 | 2000 | 3000 | 2450 | 18,3 | 14,8 |
| 1000 | 3000 | 4000 | 2909 | 27,3 | 22,8 |
| 1000 | 4000 | 5000 | 3407 | 31,9 | 29,0 |
| 1200 | 0 | 1200 | 1179 | 1,7 | 0,0 |
| 1200 | 500 | 1700 | 1559 | 8,3 | 9,2 |
| 1200 | 1000 | 2200 | 1938 | 11,9 | 9,2 |
| 1200 | 1500 | 2700 | 2294 | 15,0 | 10,4 |
| 1200 | 2000 | 3200 | 2565 | 19,9 | 14,8 |
| 1200 | 3000 | 4200 | 3013 | 28,3 | 22,8 |
| 1200 | 4000 | 5200 | 3514 | 32,4 | 29,0 |
| 1400 | 0 | 1400 | 1299 | 7,2 | 0,0 |
| 1400 | 500 | 1900 | 1678 | 11,7 | 9,2 |
| 1400 | 1000 | 2400 | 2068 | 13,8 | 9,2 |
| 1400 | 1500 | 2900 | 2420 | 16,5 | 10,4 |
| 1400 | 2000 | 3400 | 2666 | 21,6 | 14,8 |
| 1400 | 3000 | 4400 | 3128 | 28,9 | 22,8 |
| 1400 | 4000 | 5400 | 3622 | 32,9 | 29,0 |
| 1600 | 0 | 1600 | 1417 | 11,5 | 0,0 |
| 1600 | 500 | 2100 | 1813 | 13,6 | 9,2 |
| 1600 | 1000 | 2600 | 2184 | 16,0 | 9,2 |
| 1600 | 1500 | 3100 | 2543 | 18,0 | 10,4 |
| 1600 | 2000 | 3600 | 2768 | 23,1 | 14,8 |
| 1600 | 3000 | 4600 | 3243 | 29,5 | 22,8 |
| 1600 | 4000 | 5600 | 3729 | 33,4 | 29,0 |
The partial old-age pension does not prevent you from getting the unemployment benefit. In addition, the granting of a partial old-age pension does not affect the amount of your earnings-related unemployment allowance or your basic unemployment allowance. The unemployment benefit is determined based on your work before unemployment.
Your partial old-age pension may affect your labour market subsidy. If you receive labour market subsidy and consider claiming a partial old-age pension, check with Kela whether the partial old-age pension affects the amount of your labour market subsidy.
Check with Kela how your sickness allowance is determined if you fall ill while you are on a partial old-age pension and you apply for a sickness allowance or if you apply for a partial old-age pension while you get a sickness allowance.
In connection with the 2017 pension reform, the partial old-age pension replaced the part-time pension. The last part-time pensions were paid out in 2023.