The idea behind the part-time pension is to give older employees the possibility to reduce their workload and to retire gradually. In this instance, part-time pension partially covers the loss of income.

Persons born in 1947 or later are entitled to a part-time pension between the ages of 58 and 67. For those born in 1953 and later, the age limit is 60-67. The pension may continue until the age of 68, provided that the part-time employment continues. For those born in 1946 or earlier are entitled to a part-time pension before aged 65. In order to receive a part-time pension, you must fulfil the following criteria:

• you have been in full-time employment for 12 out of the 18 months preceding retirement
• you have accrued earnings amounting to at least 78,730,40 euros over the past 15 years (at the 2011 level). (When calculating earnings, a maximum of 15.746,08 euros for each calendar year (at the 2011 level) will be taken into consideration. You can have earned your income in Finland or in some other EU or ETA country).  
• your employment contract is permanent 
• you will transfer to part-time work