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Part-time pension amount  

The amount of part-time pension is calculated based on the reduction in your earnings. The pension amount is 50 per cent of the difference between the stabilised earnings for your full-time employment and the salary for your part-time work.

Stabilised earnings for full-time employment refer to your average salary for the five calendar years preceding the start of part-time pension. Calculating salary takes into consideration all earnings in line with earnings-related pension legislation.

Your part-time pension may amount to no more than 75 % of the earnings-based pension that you have accrued by the time you start your part-time pension. This condition may limit the amount of your part-time pension if you have been in working life for a relatively short time. The pension may have accrued within the sphere of MEL or some other earnings-related pension legislation. The pension may also have accrued in another EU or ETA country.

You should specify your earnings for part-time work accurately so that the pension decision is based on the correct information. Your pension will be recalculated if your earnings change considerably (+/- 10 per cent) during the period of part-time pension.

Part-time pension is formulated for example like this:

Stabilised earnings for full-time employment 3 000 €
Part-time work earnings 1 550 €
Reduction in earnings  1 450 €
Part-time pension amount = 50 per cent of reduced earnings              725 €

You will receive a 725 euro part-time pension if earnings-based pension amounting to a minimum of 967 euros has accrued by the time you start your part-time pension (75 per cent limit).