National and guarantee pensions supplement small earnings-related pensions

For the majority of retirees living in Finland, the earnings-related pension is the main source of income. The pension can consist of different components: the earnings-related pension, the national pension, the guarantee pension and a pension from abroad.

If you have earned no or only a small earnings-related pension, you may get a national pension. To get a national pension, you have to be covered by Finnish social security. You must also have lived in Finland for at least 3 years since your 16th birthday.

The full national pension is 679.50 euros per month (in 2022). If you are married or live in a domestic partnership or a registered partnership, your full national pension is 606.65 euros (in 2022).

The national pension is reduced as your earnings-related pension grows. The national pension is payable at its full amount only if you receive no earnings-related pensions or if their combined amount before taxes is 57.45 euros per month or less.

When the earnings-related pension reaches a certain level the national pension is no longer granted. Earnings-related pension which no longer entitles to a national pension is 1 402.63 per month. If you are married or live in a domestic partnership or a registered partnership the amount is 1 256.88 euros.

Read more about national pension on Kela’s Quick quide for pensioners

The guarantee pension offers you a minimum pension. All other pensions that you receive in Finland and from abroad affect the amount of the guarantee pension that you may receive. You will get the full guarantee pension (€855.48/month in 2022) only if you do not receive any other pensions.

Read more about who may qualify for a guarantee pension on Kela’s website

Total pension: Examples of national and guarantee pensions

In the following examples, the national pension and the guarantee pension have been calculated under the assumption that all earnings-related pension income reduces the national pension.

The earnings-related pension has been adjusted with the life expectancy coefficient. The total pension is combined earnings-related, national and guarantee pensions that they receive per month. Taxes have been calculated assuming that the person’s monthly income has been of the same amount throughout the year.

Earnings-related pension e/monthNational pension e/monthGuarantee pension e/monthTotal pension e/monthTaxes and contributions e/month  Taxes and contributions % of gross pensionNet pension e/month
068017685500855
1006589785500855
2006084785500855
300558085800858
400508090800908
500458095800958
6004080100840,41004
70035801058232,21035
80030801108423,81066
90025801158615,31097
100020801208826,81127
1100158012581028,11156
1200108013081229,41186
1300580135814310,51215
140080140816311,61245
150000150020113,41299
180000180032117,81479
210000210043720,81663
240000240055623,21844
300000300078726,22213
4000004000120730,22793

Example table: Single pensioner at age 65 in 2022 (Excel, xlsx)

Taxes and comparable payments have been calculated according to the final taxation in 2022. The municipal tax rate is 20.01 and the pensioner’s medical care contribution is 1.5. The Church tax rate has been excluded from the calculation.

A public service broadcasting tax of 2.50 per cent, or a maximum of 163 euros per year, is levied on the pension. The taxation has been calculated assuming that the person has no other income than the earnings-related, national and guarantee pensions.

Earnings-related pensions also include components which do not reduce the national pension. They include, for example, the increase for late retirement.

National pensions and guarantee pensions drawn before the age of 65 are reduced for early retirement by 0.40 per cent per month taken early.

Earnings-related pension e/monthNational pension e/monthGuarantee pension e/monthTotal pension e/monthTaxes and contributions e/monthTaxes and contributions % of gross pensionNet pension e/month
060724985500855
10058517085500855
20053512085500855
3004857085500855
4004352085500855
500385088500885
600335093500935
700285098500985
80023501035141,41021
90018501085333,11052
100013501135534,61083
11008501185726,11113
12003501235937,51143
13000013001199,21181
140000140016011,41240
150000150020113,41299
180000180032117,81479
210000210043720,81663
240000240055623,21844
300000300078726,22213
4000004000120730,22793

Example table: Married or cohabiting pensioner at age 65 in 2022 (Excel, xlsx)

Taxes and comparable payments have been calculated according to the final taxation in 2022. The municipal tax rate is 20.01 and the pensioner’s medical care contribution is 1.5. The Church tax rate has been excluded from the calculation.

A public service broadcasting tax of 2.50 per cent, or a maximum of 163 euros per year, is levied on the pension. The taxation has been calculated assuming that the person has no other income than the earnings-related, national and guarantee pensions.

Earnings-related pensions also include components which do not reduce the national pension. They include, for example, the increase for late retirement.

National pensions and guarantee pensions drawn before the age of 65 are reduced for early retirement by 0.40 per cent per month taken early.

For more information on the national and the guarantee pensions, contact the Social Insurance Institution of Finland (Kela).