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Offsetting pension in early retirement

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When you start early retirement, your pension is taken into account. Read about how pension offsetting in early retirement is done, how much is offset and which pension types are included in the calculation.

How does pension offsetting work in early retirement?

Pension offsetting depends on the type of pension you have and how it is paid out.

The calculation is based on the value of your pension assets at retirement age or the annual pension benefit.

We collect information from your pension fund and the authorities that manage your pension, but you need to add information yourself if you have a foreign pension, for example.

Pensions that are offset

All your pension savings affect your early retirement - both private pensions and pensions created in previous jobs. The offsetting applies, among other things:

  • Retirement pension plans with regular payments
  • Installment pension
  • Capital pension
  • Civil servant pension
  • Wage Earners' Unemployment Fund
  • Index contracts
  • Other pension savings

It doesn't matter if the pension has already been paid out or will only be paid out when you retire on state pension.

If your pension is set to be paid out, we will change the calculation to be based on the actual annual payment instead of the previous pension base. Therefore, it is important that you let us know when you start receiving pension payments.

Pensions that are not offset

There are types of pensions that do not affect your early retirement. These are:

  • Pension for surviving spouse, partner or children
  • ATP
  • Disability pension

Frequently asked questions

What if I receive my pension before I reach retirement age?

If you receive pension payments (e.g. civil servant pension) from the age of 60 until the early retirement age, this period is also included in the calculation of offsetting. This means that early pension payments also affect your early retirement.