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Pension

Pension calculators 2026

Pension calculators help you understand your pension in 2026: the lowest retirement age by year of birth, an estimate of your future monthly pension and the pension gap left by unpaid periods.

The figures are based on the Finnish Centre for Pensions (ETK) and Työeläke.fi. The calculators give an indicative estimate — your pension company provides the official forecast.

Key figures 2026

1.5 %/yr
pension accrual from salary
65 yrs
retirement age (born 1962–1964)
0.4 %/mo
deferral increase after retirement age
0.94643
life expectancy coefficient 2026

What pension matters can I calculate?

You can check the lowest old-age retirement age and the upper insurance age by your year of birth, estimate your future pension from your current salary (accrual 1.5%/year, life-expectancy coefficient 0.94643) and work out how much pension goes unaccrued during unpaid periods.

Continuing to work grows the pension via the deferral increment (0.4%/month) and new accrual.

How does pension accrue?

Earnings-related pension accrues at 1.5 percent a year of gross salary for all age groups. Accrual starts at age 17 and continues to the upper age limit of insurance obligation. For an entrepreneur, pension accrues from the confirmed YEL work income, not from the salary drawn.

A life expectancy coefficient is applied to the accrued pension; the value confirmed for 2026 is 0.94643. The coefficient reduces the starting pension more as life expectancy rises.

Retirement age and deferral

The lowest old-age retirement age depends on your year of birth: for those born in 1962-1964, for example, it is 65. For younger cohorts the limit is tied to life expectancy. The retirement age calculator shows your own limit.

If you keep working past your retirement age, the pension gets a deferral increase of 0.4 percent for each deferred month. The partial early old-age pension (OVE) instead lets you draw a pension earlier at a permanently reduced level.

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FAQ

Which pension calculators are here?

Retirement age (by year of birth), pension forecast (from salary) and the pension-gap calculator (unpaid periods).

What is my retirement age?

It depends on your year of birth: for those born in 1961 it is 64y 9m, and for 1962–1964 it is 65y. For those born after 1965 the age is tied to life expectancy.

How does pension accrue?

Pension accrues at 1.5% of annual earnings. The starting pension is adjusted by the life-expectancy coefficient (0.94643 in 2026).

Are the results official?

No. They are indicative. Your pension company or the työeläke.fi service provides the official forecast.

How much pension accrues per year?

Earnings-related pension accrues at 1.5 percent of annual earnings for all age groups. For an entrepreneur it is calculated from the confirmed YEL work income. The accrual calculator shows an estimate.

What is the life expectancy coefficient for 2026?

The coefficient confirmed for 2026 is 0.94643. It multiplies the accrued pension when the old-age pension begins and reduces the starting amount as life expectancy grows.