News

The Finnish Centre for Pensions has been awarded a Certificate of Merit by the International Social Security Association (ISSA) within the ISSA Good Practice Awards programme. The certificate was granted to the Finnish Centre for Pensions for its web service that instructs employers on how to insure their workers in international employment situations.

Partial old-age pensions have been selected mainly by wage earners with an average income. As the retirement age rises, the pension cutting effect of the partial old-age pension increases. The increasing cutting effect of early retirement is already showing in starting old-age pensions.

Employer, are you employing a worker from Ukraine? Remember to take out earnings-related pension insurance for the worker.

Pension assets increased by 33 billion euros last year, particularly due to a robust return on pension providers’ investments. Pension contribution income also developed favourably due to the growing wage sum. Low inflation curbed expenditure.

The earnings-related pension field and Tax Administration will launch two joint trials. In both of them, 25,000 citizens will receive a message via the MyTax service. The message encourages the recipient to check their pension record via the web service of their pension provider. The customer is steered to the web service via a joint steering service.

The number of A1 certificates granted for work abroad continued to grow in 2021 but fell short of the pre-pandemic level. The Customer Service of the Finnish Centre for Pensions received many inquiries concerning telecommuting from abroad.

The social security agreement between Finland and Japan came into force on 1 February 2022. As the agreement now enters into force, workers posted to a Contracting State avoid double pension and un-employment insurance contributions.

Each year, the Finnish Centre for Pensions grants a Pro Gradu Award to a distinguished Master’s thesis. Might your thesis be the next winner of the 2,000 euro award? Apply by 15 March 2022.

Working abroad – within Europe or outside of it – increases in popularity. It also raises many questions.

The social security agreement between Finland and Japan will enter into force on 1 February 2022. Ville Skinnari, Minister for Development Cooperation and Foreign Trade, and Takashi Murata, Japan’s Ambassador to Finland, exchanged notes on 25 November to bring the bilateral agreement into force. When the agreement enters into force, workers posted to a Contracting State will avoid double pension and unemployment insurance contributions.