With the self-service pension calculator service, the client can calculate the amount of benefits to be determined on the basis of the rules applicable to old age pensions, based on the data recorded by the client at the time of use. In addition to the old age pension, such benefits include the benefits prior to retirement age, the life annuity for dance artists and the transitional annuity for miners.
The self-service pension calculator is particularly useful for those who have a decision issued by the pension insurance administration bodies which includes the period of service entitle to pension and the earnings on which pension contributions were based after 1 January 1988. Examples of such a decision are a decision taken in a data reconciliation procedure or an official certificate stating the insurance and other rights acquired during the whole of the career.
How does the self-service pension calculator work?
You can use the self-service pension calculator if at least 15 years of service have been recorded, and the calculation is only performed on the basis of the data entered. The self-service pension calculator is not suitable for checking entitlement to individual benefits, as it performs the calculation without checking the entitlement conditions for old age pensions and other benefits.
The self-service pension calculator calculates without assessing private pension fund membership starting before 1 October 2010 and still existing at the time of the calculation, and therefore no data on private pension fund membership need to be recorded.
In the self-service pension calculator, the user must enter the data necessary to perform the calculation, using the tab key to facilitate the use of the mouse. Once the data has been entered, the calculation is performed by the self-service pension calculator for the day entered of the calendar year to perform the calculation, and cannot be performed for a retroactive date or future calendar year.