Pensions benefits of seafarers

The following benefits are paid in compliance with the Seafarer's Pensions Act (MEL) and other employee pension-related legislation:

• retirement pension
• disability pension
• part-time pension
• partial old-age pension
• years-of-service pension
• survivors' pension.
  
  The pension types are income liable to taxation and subject to repossession.
  
  Employee pension benefits also include vocational rehabilitation.
  
  According to the Seafarers' Pensions Act (MEL), a funeral grant may also be paid under certain prerequisites.
  
  The amount of MEL pension depends on the duration of your career, your wages, and the percentage according to which your pension has accrued per year.  The pension is also affected by the life expectancy coefficient and index reviews. The MEL pension covers the total work pension accrued in accordance with all employee pension legislation.