News

The report on pension indicators is a compact information package on the state and projected outlook of earnings-related pensions. The report is directed at decision-makers and all interested in the outlook of pension provision. In this report, the most important indicators and key figures of pension policy are grouped into three categories by theme: length …

In the 2020, old publications of the Finnish Centre for Pensions have been digitalised and stored in Julkari, a shared open repository. Julkari includes already more than 1,200 publications published by the Finnish Centre for Pensions (mainly in Finnish and Swedish but many also in English).

Extended life expectancy, reduced birth rates and a low interest level drive many countries to seek for ways in which to stabilize the financing of their pension systems. A fresh report by the Finnish Centre for Pensions sheds light on the automatic stabilizing mechanisms in five different countries.

Finland will participate in the electronic exchange of social security information (EESSI) between EU countries in September, starting with information regarding posted workers. The new information system will speed up the sending of A1 certificates from one country to another. The introduction of the new technology may cause temporary delays in the handling of the applications.

A recent study by the Finnish Centre for Pensions shows that the planned retirement age of a worker accurately predicts the actual retirement age. The worker’s work ability, the working conditions at the workplace and the employer’s attitudes also affect actual retirement.

Unemployment, disability and poor health weaken the transition to the labour market for many young people. Their earnings from work are low which often leads also to weaker pensions. This is revealed in a fresh doctoral dissertation.

The pension calculator has been supplemented with statistical data on accrued pensions. The table shows the median pension accrued so far for each birth year group.

Earnings-related pension payments in 2019 amounted to 29 billion euros, up one billion from the year before. There were 44,500 new old-age pension retirees, marking a decrease of 9 per cent from 2018. The main reason for the drop in the number of new old-age retirees is the pension reform decision to progressively raise the retirement age.

We are pleased to announce the new Etk.fi website! The modernisation work has been steered by a variety of information needs, an extensive customer base and accessibility requirements. 

When sending a worker abroad to work, the employer may be confused about which social security contributions for the worker must be paid to Finland. The service of the Finnish Centre for Pensions helps to clarify this. The online service is now available also in Swedish and English.