Early old-age pension
An early old-age pension can be claimed at most 2 years before the pension age, with 15 years of insurance. The amount is reduced by 0,5 % for every started 30 days before the pension age — and unlike some neighbouring systems, that reduction stays in force even after the pension age is reached.
Conditions
An early old-age pension can be claimed at most 2 years before the pension age, with at least 15 years of pension insurance (§ 67 (1)). Both conditions must hold at once; the insurance period required here is the same as for an ordinary pension, where 15 years is enough.
The reduction — and why it is permanent
For every started 30 days from the day the entitlement arises to the pension age, the amount is reduced by 0,5 % (§ 68 (1)).
The Act states no separate ceiling on the total reduction — since an early pension may be claimed at most 2 years ahead, the arithmetic consequence of that limit is a reduction of at most 12,0 %, but that is a consequence of the application window, not a separately stated cap.
Unlike some neighbouring systems, the Act contains no provision that removes this reduction once the ordinary pension age is reached — it stays part of the pension amount permanently.