Old-age pension and early old-age pension 

You may retire on an early old-age pension once you have turned 62.

When you retire on an early old-age pension, a reduction for early retirement is made on your pension which will permanently decrease the amount of pension you receive.

• Each reduction month decreases your pension by 0.6%.
• The reduction period is calculated to start from 63 years of age.
• At most the early old-age pension will decrease your pension by 7.2% (= 12 months x 0.6%).
• The reduction for early retirement is applied to the pension accrued up to the start of the pension. The reduction for early retirement cannot be made based on the pension estimate in the register extract as it has been calculated under the assumption that you would continue working until your personal retirement age.

Pension calculator estimates your pension

You can use our pension calculator to check the amount of old-age pension and early old-age pension you would receive at different ages.

You will receive an estimate of your pension amount at your occupation-specific retirement age, at 63 years, your personal retirement age, at 64, 65, 66, 67 or 68 years of age.

Personal retirement age

Check your personal retirement age using our pension calculator or you can find it in your register extract.