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General information
Payment of part-time pension  

You should transfer to part-time work at the beginning of the calendar month, whereupon your part-time pension starts at the same time. The Seafarer’s Pension Fund pays the pension on the last banking day of the month.

We pay your part-time pension for as long as your part-time work continues. We discontinue payment if

  • your earnings do not remain within the 35–70% limit
  • you return to full-time employment
  • you are absent from work for more than 6 weeks (excluding unpaid off duty time included in the system of rotation under the part-time employment contract, leave to compensate for hours worked, annual and sick leaves)
  • the job ends altogether

You can return to a part-time pension if the part-time work is interrupted for no longer than 6 months. If the interruption lasts for more than 6 months, a new part-time pension may only be awarded after a 12-month period of full-time employment.