Gainful employment while on part-time pension

Part-time pension differs from other types of pension in that the criterion for receiving the pension is that part-time work continues. If the job ends, the pension also ends. Thus, a long-term lay-off can result in part-time pension being discontinued. You can be absent from part-time work for a maximum of six consecutive weeks, not including annual and sick leaves.

Part-time pension requires that the earnings for part-time work amount to 35-70% of the earnings for full-time employment. If your earnings exceed 70%, the part-time pension discontinues. It also discontinues if your earnings remain below 35% of your earnings for full-time employment. The pension is recalculated if the earnings for a part-time pension recipient change considerably from the level of earnings at the start of part-time work.

Pension accrual from part-time pension

Situation	Pension accrual
Born in 1946 and before	Pension accrues at an annual rate of 1,5 %.
Born in 1947 and later	Pension accrues at an annual rate of 0,75 % on the difference between salaries for full-time employment and part-time work.
Born in 1947 and later, and part-time pension ends in disability pension	Pension accrues at an annual rate of 1,5 % on the difference between salaries for full-time employment and part-time work.

Pension accrual from part-time work

Situation	Pension accrual
Born in 1946 and before	Pension accrues in line with MELspecial accrual rates at an annual rate of 2 % on the salary for part-time work until the age of 65. at the age of 65, part-time pension is converted into old-age pension of the same amount. Pension accrues at an annual rate of 1,6% on the salary for part-time work until the age of 68.
Born in 1947 and latert	Pension accrues in line with MEL special accrual rates at an annual rate of 2 % on the salary for part-time work until the age of 63 and thereafter at an annual rate of 4,5 % until the age 68.