Payment of disability pension
If work capacity is expected to be restored through treatment or rehabilitation, pension is awarded as cash rehabilitation benefit for a fixed term. A disability pension awarded for an unspecified period of time generally continues until retirement age for the old-age pension.
Partial disability pension is half of the full pension.
If your work capacity is restored, your pension can be suspended or a full pension can be converted into a partial disability pension.
If you draw a full disability pension, you may earn a maximum of 40% of your earnings preceding the pension and if you draw a partial pension, you may earn a maximum of 60% of your previous earnings. If you engage in gainful employment while drawing a disability pension, your employment is insured and new pension accrues at a rate of 1.6% on annual earnings.
The Seafarer’s Pension Fund pays the pension on the last banking day of the month.