The Parliament has approved that the retirement age for the public pension will increase to 67.5 years on July 1, 2024.

Since the payment date of the lump sum follows the retirement age, our members who meet the requirements and turn 67 years old on July 1, 2024, or later, will receive the lump sum payment six months after their 67th birthday.

Rights under the life insurance will otherwise be adjusted accordingly, including that the insurance will cover until the date the member reaches retirement age (i.e., the day the member turns 67.5 years old).

For those who turn 67 before July 1, 2024, the transitional rule still applies, meaning these members will be covered until the end of 2024 in the event of death, provided that they pay the stipulated insurance premiums.

The conditions and procedures remain unchanged, including the payment of membership fees and insurance premiums, and those who cease working must pay for their own account.

If members have questions, they are welcome to contact the union.