Earnings-related pension provides security in different life situations

Earnings-related pension provides security when earnings decline or end due to disability, old age or the death of a family provider. Handle your pension and rehabilitation matters easily in the MyPension service.

When pension becomes relevant

You can retire on old-age pension flexibly based on your birth date. Pension cover can be useful even before your old-age pension in different life situations. When you decide to retire, you have to apply for pension. The easiest way to apply for pension is in our MyPension service. When you receive a positive pension decision, we will pay your pension once a month.

Pension cover is part of statutory social security. Pension accrues on your annual earnings.

Read more about pension accrual

We are there for you at all stages of your life 

Earnings-related pension cover is there for you at different life stages.

Approaching retirement age, 60+

You get to enjoy your earnings-related pension at the latest at your old-age pension age. The longer you continue in working life, the larger the old-age pension you receive. You can also choose to draw part of your pension earlier as a partial old-age pension.

Read more about the retirement age

As a self-employed person you accrue your pension with YEL insurance

As an entrepreneur you take care of your own pension cover. Self-employed person’s pension insurance (YEL) secures your income in the event of old age, disability or the death of a family provider. YEL also determines the size of the allowances paid by Kela, if you fall ill or take parental leave, for example.

Read more about YEL insurance


Pensioners can take care of matters conveniently in the MyPension service. The service allows you to, for example, change your contact details and bank account number, increase your tax percentage or print out a pension certificate.

Take a look at topics for pensioners

Use the pension calculators when you plan on retiring. Making a pension estimate can help make a decision, for example when you consider taking out a home loan.

Go to the pension calculator in the MyPension service

Support for continuing in working life – vocational rehabilitation

Life can put you in situations where an illness or disease impacts your work. Many means are available to you to help you continue in your job or return to work after your sick leave. Occupational health care services or another health care professional play an important role when you consider alternatives for coping at work and returning to work.

Ilmarinen’s vocational rehabilitation may be an option when your work ability has weakened due to an illness – whether you are an employee or self-employed. It is important to find solutions that support your particular work ability and your return to work early enough.

Paid work is not the only thing that accrues pension

In addition to paid work, the pension accrues from study leading to a degree and working abroad.


Pension accrues on studies resulting in a degree. Studies can also be part of vocational rehabilitation.

Working life and changes in work

Changes in working life can impact how your pension accrues. When you take job alternation leave or parental leave, pension accrues differently than for gainful employment. If you become unemployed, you accrue pension on earnings-related allowance.

Moving abroad

You primarily accrue pension abroad on work, but in some countries it is possible to receive pension based on residence only.

Pension record

Your pension record contains valuable information. We recommend that you check your pension record regularly. You can find the pension record easily by logging in to the MyPension service.

Read more about the pension record