When you take care of your own children at home, you earn pension benefits for periods that you are paid daily allowances for parents 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. Kela – Families
Calculate the impact of family leave on your earnings-related pension
The calculator calculates the amount of pension benefits you earn for periods of childcare and the amount of pension benefits you would earn from work during that same period. The pension is calculated for one parent and one child at a time.
How does your pension grow when you are on family leave?
When you take care of your own child under the age of three, you accrue pension for the period you receive daily allowances for parents (parental leave) and possibly also for the period that you receive a child home care allowance.
When you get daily allowances for parents, 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 857.15 euros per month (in 2024).
If you stay at home after the period of daily allowances for parents to care for your own 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 857.15 euros per month (in 2024). You will accrue pension funds for periods of the child home care allowance until your youngest child turns three years.
The family leave reform entered into force on 1 August 2022. The names and duration of the allowances paid during family leaves changed. There are no changes to how pension accrues during periods of receiving daily allowances for parents or the child home care allowance.