Partial old-age pension
With a partial old-age pension, you can take part of your accrued pension in advance and reduce your workload before transitioning to full old-age pension. In principle, partial old-age pension is an option for a healthy person. If your work ability is reduced, a partial disability pension may be the right alternative for you.
On this page
How much will I receive in partial old-age pension?
You can estimate the amount of partial old-age pension and the subsequent old-age pension in our online service. You can also apply for a pension there.
Applying for partial old-age pension
How to apply
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Check your retirement age
Check below when you can start taking a partial old-age pension. -
Check your pension estimate
Calculate an estimate of the amount for partial old-age pension and the subsequent old-age pension at different times in our online service.
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Assess the impact of taxation
In the Tax Administration’s OmaVero service, you can assess how partial old-age pension affects your taxation. You can find the MyTax service on the Tax Administration’s website.
When can I take a partial old-age pension?
The age limit for partial old-age pension depends on your year of birth. By entering your year and month of birth into the calculator, you can see the earliest you can apply for partial old-age pension.
See your retirement age
Select your year of birth
Select your age and see when you can retire on a partial old-age pension
Part of the accrued pension paid in advance
You can take a partial old-age pension of 25% or 50% of the pension accrued by the end of the previous year. If you take 25% as a partial old-age pension, you can later take another 25% of the accrued pension. The change cannot be made in the opposite direction.
A partial old-age pension will always reduce your final old-age pension compared to working full-time until retirement age. Before applying for a partial old-age pension, it is advisable to check the estimate in the online service for both the amount of the partial pension and the remaining old-age pension.
You can check with the Tax Administration how partial old-age pension and earnings are taxed.
Working during partial old-age pension
Receiving a partial old-age pension is not tied to employment. During partial old-age pension, you can:
- work just as before, or
- reduce your working hours if it suits your employer.
You are entitled to a partial old-age pension even if you do not work at all. The pension provider does not monitor your salary or workload, and these do not affect the amount of your partial old-age pension.
If you become ill or unemployed during partial old-age pension, the payments will continue in these situations. Partial old-age pension does not affect the amount of basic unemployment allowance, earnings-related allowance, or sickness allowance. However, it may affect the labor market subsidy. For more information on labor market support and other benefits, contact Kela.
If you are self-employed and your business continues during partial old-age pension, your self-employed persons’ pension insurance (YEL) must remain valid. Your earned income is determined according to your work contribution, as before. Employees’ employment relationships must also be insured during partial old-age pension.
Partial old-age pension before the lowest retirement age
You can start a partial old-age pension before reaching the lowest age for full old-age pension. In this case, the portion of the pension you take is reduced by 0.4% for each month below your lowest retirement age. This reduction also permanently affects your final old-age pension. If you work while receiving a partial old-age pension, you will accrue additional pension.
You can switch to full old-age pension once you reach your lowest retirement age. Your pension will then consist of the partial old-age pension (including the reduction) and the remaining accrued pension.
Partial old-age pension after the lowest retirement age
If you start a partial old-age pension only after reaching your lowest retirement age, no reduction is applied. Instead, you receive an increment of 0.4% for each deferred month beyond your lowest retirement age.
When you later transition to full old-age pension after the partial pension, the increment is included in the portion you have already withdrawn.