Starting from the beginning of 2025, the retirement age for seafarers will be determined in the same way as in other sectors, and the length of employment will no longer affect the retirement age.
The chance to earn an earlier retirement age will be removed at the end of 2024. During the transition period from 1 January 2016 to 31 December 2024, it will be possible to earn a lower retirement age and to retire at an earlier retirement age in accordance with the rules and regulations valid on 31 December 2015.
After the transition period, as of 1 January 2025, an employee has the right to retire at the lowered retirement age they have earned by 31 December 2024, provided that they also meet the other requirements for receiving a lowered retirement pension:
- the MEL employment continues until the retirement age;
- 18 MEL months within the previous three years
- the MEL employment is terminated.
As of the beginning of 2016, the lowered retirement age will be calculated so that sea service months exceeding 300 months are reduced from the age of 65. This change will take into account the retirement age changes in the 2017 pension reform.
You can check your possible eligibility for a lower earned retirement age in our online Loki service.
A lower earned retirement age requires a seafaring career of over 300 months (25 years) insured under the Seafarer’s Pensions Act before the year 2025.
Log in to the Loki service using your online banking credentials or electronic ID card.