Conditional occupational pension

If you do not qualify for lifelong AFP and have earned rights in a public occupational pension scheme after 2019, you may be entitled to a conditional occupational pension instead of AFP. This is a lifelong payment in addition to your pensions from the National Insurance Scheme (Nav) and from SPK.

Eligibility

  • You must have received a rejection for AFP.
  • You must have been employed in the public sector after 2019.
  • If you are not in a public-sector position when you want to withdraw this pension, you must previously have been employed in a public-sector position for at least one year in total.
  • You must be at least 62 years old.

Important: If you take out conditional occupational pension, you cannot switch later to lifelong AFP in the public sector, even if you stop the conditional pension.

Tip: Even if you do not meet the AFP requirements at one point in time, you may qualify later (for example by working longer). Check your AFP eligibility before applying for conditional occupational pension.

Special rule for early retirement (previously “special age limit”): You can first take out conditional occupational pension from the age of 67.

What will you receive?

Your payment is based on your accumulated pension balance and your age at withdrawal. You will receive a higher amount if you wait to start the pension.

How you accrue pension

  • 3 percent of your pensionable income (up to 7.1 G, the National Insurance basic amount) is added to a separate balance each year.
  • You accrue this balance while you work in a public-sector position with occupational pension from 1 January 2020 through the month you turn 62.
  • Your balance is adjusted for wage growth on 1 May every year until you start the pension.
  • After you start the pension, payments are adjusted annually by the average of wage and price growth.