Pension for family leave

You earn pension benefits from periods of taking care of your own children for the period that you are paid a maternity, paternity or parental benefit or a child home care allowance.

For more information on benefits paid during family leave, for how long they are paid and how they are determined, go to Kela’s website.

Calculate the impact of family leave on your earnings-related pension

The calculator calculates the amount of pension benefits you earn for periods of child care and the amount of pension benefits you would earn from work during that same period. The amounts provided by the calculator are indicative.

Additional information: Select your year of birth. The life expectancy coefficient, which affects the amount of your pension, is determined based on your year of birth. Select your year of birth. The life expectancy coefficient, which affects the amount of your pension, is determined based on your year of birth.
Select the year in which you were born
Additional information: Enter your gross monthly income. The pension benefit is calculated based on the same annual income that your maternity/paternity/parental allowance is based on. The annual income may include earnings from employment and self-employment and benefits. The calculator calculates the pension that accrues from work on the basis of these earning, as well. Enter your gross monthly income. The pension benefit is calculated based on the same annual income that your maternity/paternity/parental allowance is based on. The annual income may include earnings from employment and self-employment and benefits. The calculator calculates the pension that accrues from work on the basis of these earning, as well.
Enter your wage (whole number, for example 2500)
Additional information: As a rule, the parental allowance is paid for a maximum of 10 months; in certain cases for a longer period. You can check the length of your parental allowance period from the Kela decision, or you can calculate its length using Kela's calculator. The pension calculator takes parental allowance periods into account at a monthly level. As a rule, the parental allowance is paid for a maximum of 10 months; in certain cases for a longer period. You can check the length of your parental allowance period from the Kela decision, or you can calculate its length using Kela's calculator. The pension calculator takes parental allowance periods into account at a monthly level.
Äitiys- tai isyysrahan ja vanhempainrahan kesto yhteensä, error
Additional information: You can get a home child care allowance if you take care of your own child aged less than 3 years. That means that, on top of the parental allowance, the home child care allowance can be paid for a maximum of 27 months. You can get a home child care allowance if you take care of your own child aged less than 3 years. That means that, on top of the parental allowance, the home child care allowance can be paid for a maximum of 27 months.
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Pension accrual during parental leave(s)
Pension for period(s) on daily allowance: - €/month Pension for period(s) on child home care allowance: - €/month

Total pension for period(s) of parental leave: - €/month Additional information: Your earnings-related pension has been adjusted with the life expectancy coefficient confirmed for the year in which you were born. The life expectancy coefficient adjusts your pension to changes in life expectancy. Your earnings-related pension has been adjusted with the life expectancy coefficient confirmed for the year in which you were born. The life expectancy coefficient adjusts your pension to changes in life expectancy.
Pension accrual for work
Pension accrual for period equivalent to work: - €/month Additional information: Your earnings-related pension has been adjusted with the life expectancy coefficient confirmed for the year in which you were born. The life expectancy coefficient adjusts your pension to changes in life expectancy. Your earnings-related pension has been adjusted with the life expectancy coefficient confirmed for the year in which you were born. The life expectancy coefficient adjusts your pension to changes in life expectancy.

Selaimesi ei tue canvas elementtiä

The calculator calculates the pension benefits that accrue from periods of family leave according to legislation valid in 2020, assuming that the family leave begins in 2020 at the earliest. The amounts provided by the calculator are indicative.

You earn pension benefits from periods of taking care of your own children for the period that you are paid a maternity, paternity or parental benefit or a child home care allowance. The calculator calculates the pension that you accrue from periods of family benefits paid for one child (or one birth). Both parents calculate the pension accrual for their own part.

The calculator calculates the pension accrual for those born between 1973 and 2002. The life expectancy coefficient that is used in the calculation is based on this age group. The selected age group allows for the pension calculations in the calculator to be simpler.

The pension that you have accrued for periods of care of your children born earlier is stated on your pension record. You will be granted the pension you have accrued for childcare if you have earned at least 18,171.45 (in 2020) euros for work that has been insured under the earnings-related pension acts before the year in which you retire.

The calculator assumes that the general earnings and price levels remain at the current level. The calculator does not take into account special cases such as, for example, if you work while you are getting a child home care allowance or if the pension is based on previous earnings determined before 2020.

For more information on benefits paid during family leave, for how long they are paid and how they are determined, go to Kela’s website.

Pension for periods on a parental allowance

For periods on a parental allowance, that is, when you get a maternity, paternity or a parental allowance, you earn pension benefits on your annual earnings based on your daily allowance. The annual earnings are calculated for the 12 calendar months before the calendar month in which your right to a daily allowance starts.

The annual earnings include wages, salary for insurance purposes, your confirmed income under YEL and MYEL, certain benefits and compensations for loss of earnings. As a rule, Kela receives your earnings data from the Incomes Register or the insurance providers. The earnings data used when calculating your pension comes from Kela. You can check your earnings data in the Incomes Register.

When calculating your pension, the social security contributions you have paid are deducted from the earnings that form the basis of your pension (9.58%). The earnings that form the basis of your pension are multiplied with factor 1.21. You accrue pension benefits to the amount of 1.5 per cent of your annual earnings. Your accrued pension benefits are adjusted with the life expectancy coefficient of your age group.

If you don’t have previous earnings and you are therefore paid a minimum parental allowance, or if the basis of your benefit (multiplied with the factor 1.21) are less than 757.14 euros/month, your accrued pension benefit is always based on a monthly earning of at least 757.14 euros (in 2020). If you are working while getting a daily allowance, the calculator does not calculate the pension you accrue based on your earnings from work.

You accrue a pension on an earnings basis multiplied by 1.21 also if your employer pays you a wage while you get a daily allowance. You earn pension based on your wage in a regular manner, as well as on the earnings that your benefit is based on (multiplied with the factor 0.21). Since the wage you are paid while also receiving a daily allowance has an insignificant impact on the amount of your accrued pension, the calculator does not separately take into account the wage you are paid for the period that you are getting the allowance.

Pension for period of child home care

You earn a benefit under a separate statute for periods of taking care of your own children under the age of 3. The benefit is granted and paid out together with your earnings-related pension. The basis for the benefit is a fixed amount of 757.14 euros per month (in 2020). The benefit accrues at a rate of 1.5 per cent. The accrued benefit is adjusted with the life expectancy coefficient of your age group.

Contrary to other earnings-related pensions, the benefit for child home care is not taken into account as a reducing factor when calculating your national pension.

Pension for work

The calculator calculates the amount of pension you would accrue from your earnings from work or self-employment so that you can compare it to the benefit you earn from the period of home child care. You accrue a pension at a rate of 1.5 per cent of your gross annual earnings. The accrued pension amount is adjusted with the life expectancy coefficient of your age group.

The calculator assumes that the wage you have entered for your work is also the basis for your parental allowance. The calculator does not take into account situations in which the wage deviates from the previous basis for the allowances, or in which the basis for the daily allowance includes benefit income.

The project on gender gaps in pensions aims to raise a discussion on gender gaps in pensions and increase citizens’ and decision-makers’ awareness of the underlying reasons for the gender gap in pensions.

The project, led by the Ministry of Social Affairs and Health, is carried out in cooperation between the Finnish Centre for Pensions, Kela and the Finnish Pension Alliance TELA.

The project has received financing from the Rights, Equality and Citizenship Programme of the European Union (2014-2020).

How does your pension grow when you are on family leave?

When you take care of your own child under the age of 3, you accrue pension for the period you receive a parental allowance and possibly also for the period that you receive a child home care allowance.

When you get a maternity, paternity or a parental allowance, you earn pension benefits based on your annual earnings which have been increased by 21 per cent. If you have no earnings, you accrue pension benefits as if you had earnings worth 757.14 euros per month (in 2020).

If you stay at home after the period of your parental leave and care for you child under the age of three, you will accrue pension funds for the child home care allowance. Your pension will be based on a fixed income of 757.14 euros per month (in 2020). You will accrue pension funds for periods of the child home care allowance until your youngest child turns three years.