I want information about the index increments at the turn of the year 2025/2026

• When you retire and the amount of your pension is calculated, the wage coefficient is used to adjust wages and confirmed income for your working career to the level of the year when the pension starts. The wage coefficient ensures that the accrued pension retains its value relative to how earnings have developed.
• During retirement, the earnings-related pension index protects your pension when prices and wages rise. The amount of your pension is adjusted each January on the basis of the earnings-related pension index.

The Ministry of Social Affairs and Health will confirm the next year’s indices by the end of October.

The longer you work, the bigger your pension will be. In October–November, after the indices have been confirmed, you can log in to Varma Online Service to calculate your estimated pension based on the new indices.

Example:

• If you retire on 1 December 2025, earned income affecting your pension is adjusted by using the 2025 wage coefficient. The earnings-related pension index will increase the amount of your pension paid from 1 January 2026.
• If you retire on 1 January 2026, the earned income affecting your pension is adjusted by using the 2026 wage coefficient. Your pension will not be increased with the earnings-related pension index for the first time until 1 January 2027, using the earnings-related pension index for 2027.