Retirement pension

The retirement pension is paid every month for as long as you live. The monthly payments are taxed as personal income. Your children may be eligible for children’s pension when you start receiving retirement pension.

When can I start receiving the retirement pension?

Pension from DIP
Is your pension scheme established before 1 May 2017, your can start receiving retirement pension from DIP at age 60 (the earliest retirement age).

Is your pension scheme established between 1 May 2017 and 31 December 2017, your earliest retirement age is five years before the state pension age. The state pension ages appear from the table below.

Is your pension scheme established after 1 January 2018, your earliest retirement age is three years before the state pension age. 

State pension
The state pension age depends on your age.

In the table below, the state pension ages as well as the period of payment of early retirement benefits appear. The early retirement benefits are discontinued when you reach the state pension age.

Year of birth State pension age Number of years for receiving early retirement benefits
1953 - 2. half year 65 years 5 years
1954 - 1. half year 65 ½ years 5 years
1954 - 1. half year 66 years 5 years
1955 - 1. half year 66 ½ years 5 years
1955 - 2. half year 67 years 5 years
1956 - 1. half year 67 years 4 ½ years
1956 - 2. half year to 1958 - 2. half year 67 years 4 years
1959 - 1. half year 67 years 3 ½ years
1959 - 2. halvf year to 1962 - 2. half year 67 years 3 years
1963 - 1. half year to 1966 - 2. half year 68 years 3 years

If longevity continues to improve, the state pension age will increase which will result in a higher earliest retirement age.