Eläkesanasto Ordlista Pension Glossary

vested pension

Pension rights that you may have accrued from an employment contract or period of self-employment which has ended. At the end of 2004, the accrued pension rights for all employment and service contracts and periods of self-employment continuing at the time were calculated and turned into vested pensions. This was done because the calculation rules changed considerably as of the beginning of 2005.

Back to Pension Glossary