Calculate your accrued pension
Year of birth:
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
GUIDELINE
Select your year of birth. It is required in order to calculate the estimated pension amount. The life expectancy coefficient is determined according to your year of birth.
Month of birth:
1
2
3
4
5
6
7
8
9
10
11
12
GUIDELINE
Select your month of birth.
Amount of accrued pension:
euros/month
GUIDELINE
In this section, please fill in the combined amount of accrued pension that is entered on your pension record (in the form 2500 or 2500.00). The earnings-related pension has been calculated up until the end of 2011 and adjusted with the life expectancy coefficient.
Average net salary from now on:
euros/month
GUIDELINE
Please enter your current annual salary/average earnings from work per month, or a current estimate from now on (in the form 2500 or 2500.00).
Age at retirement:
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
years
0
1
2
3
4
5
6
7
8
9
10
11
12
months.
GUIDELINE
Please enter the age until which you will be working before retiring on an old-age pension. Work is expected to continue without interruption until this age. The age entered may be under 63, but accrued old-age pension without deductions for early retirement can only be received in full from the age of 63.
Results of the calculation when taking the life expectancy coefficient into account
Pension accrued:
euros/month.
Pension accrual until 53 years of age:
euros/month.
Pension accrual between the ages 53 and 63:
euros/month.
Pension accrual from the age of 63 onwards:
euros/month.
Total pension:
euros/month.
Instructions
This calculator may be used in order to estimate the size of your future pension. Your future pension is significantly affected by the development of your earnings, and the final pension can only be calculated once you are about to retire.
The pension is paid out in full at the age of 63 at the earliest. This calculator calculates the accrual on the presumption that you will retire at the age of 63 or later.
It is possible to take out early old-age pension at the age of 62, in which case the pension accrued by retirement is decreased by 0.6%/month taken early. An increase for deferred pension is calculated at 0.4% per deferred month, if retirement takes place after the age of 68. This calculator does not calculate pension taken early or deferred.
This calculator only counts pension accrual based on the legislation coming into force in 2005 for persons who are not yet retired. Between the ages of 18 and 52, pension accrues at 1.5% of the annual earnings, between 53-62 at 1.9% of the annual earnings, and between 63-68, at 4.5% of the annual earnings. Your accrued pension is checked against the life expectancy coefficient, which is determined by your year of birth. The life expectancy coefficient is applied to all who are born in 1948 and later. For additional information on the life expectancy coefficient, please visit
Työeläke.fi
If you began working prior to 2005 and are less than 60 years old, you will accrue pension at 1.5% of your annual earnings until the year when you turn 60. If you have turned 60 before 2005, you have accrued pension at a rate of 2.5% from the start of the year of your 60th birthday until the end of 2004. Prior to 2005, pension accrued at most until the age of 65. This calculator does not count these accruals, but they can be entered in the amount of pension earned. The information is available from the pension record. Since 2008, the pension record has been sent out annually to all who work in the private sector.
In the public sector, pension has accrued slightly differently than in the private sector up until 2005. From the beginning of 2005, pension accrual rules are virtually the same in both sectors. For more information on public sector pensions, please turn to
www.keva.fi
.
The employees earnings-related pension contributions are deducted from the wage when calculating the pension. They are at the 2011 level. Earnings-related pension contributions from the earnings of the self-employed are not deducted when calculating the pension, which means that for the self-employed, the pension estimate given by the calculator based on the earnings in question is slightly too small.
If your income is small, you may be eligible for national pension.
This calculator only calculates earnings-related pension
. For more information on national pension, please go to
www.kela.fi
.
For a more detailed estimate of your own pension, see the links on the calculator page or turn to your own pension provider.