Pension calculator

• You can retire on old-age pension when you have reached your minimum retirement age and your employment relationship has ended.
• If you work until the target retirement age, you can increase your pension with the increase for deferred retirement. At your target retirement age, the increase for deferred retirement has increased your pension by the same amount as the life expectancy coefficient has reduced it.
• Pension accrues until your maximum retirement age.

When you reach your personal retirement age and apply for old-age pension, the pension usually starts at the beginning of the month following the application. Partial old-age pension can begin, at the earliest, at the start of the month following the application.

What is the increase for late retirement?

What is the life expectancy coefficient?

You can view your pension details in Varma Online Service. The pension record shows your pension accrued so far. The life expectancy coefficient is taken into account in the amount of accrued pension.

You can estimate the amount of your future pension on the Pension estimates page of Varma Online Service. You can try different pension start dates and see how much pension you will receive. The longer you continue to work, the higher your pension will be.

The estimate is calculated based on your most recent average earnings data. The estimates include the impact of the life expectancy coefficient and the amount of a possible increment for deferred retirement.

Pension estimates allow you to see the impacts of the different options and plan your retirement in a way that suits your situation.

Chech your amount of pension in Varma Online Service

Once you have determined your retirement age and prepared your pension estimate, fill in a pension application in Varma Online Service approximately two weeks before the desired start date of your pension.

Apply for pension by logging in to Varma Online Service