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.
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.