2020 release calendar of statistics
The 2020 release calendar of statistics of the Finnish Centre for Pensions is now available. The schedule lists all statistics and publications that will be published in 2020 in a chronological order.
News
Age structure at work community affects continued working
A work community that includes both young and old workers encourages workers to stay in working life longer, a study by the Finnish Centre for Pensions shows. The extensive study based on register data examined the effects of interactions between individuals and work communities on continued working.
Social security agreement between Finland and Japan one step closer
The negotiations on the implementation and practices of the social security agreement between Finland and Japan are under way. This week, a delegation from Japan visited the Finnish Centre for Pensions.
OECD: Pension replacement rate in Finland better than average in international comparison
OECD’s report Pensions at a Glance reviews pension adequacy, structure and sustainability internationally. This time, special attention has been paid to the pensions of non-standard workers. In the comparison of pension replacement rates, Finland has remained at the same level as before.
Life expectancy coefficient confirmed for 2020
The Ministry of Social Affairs and Health has confirmed the life expectancy coefficient for 2020 at 0.95404.
Long-term projections in English: Low birth rates complicate future pension financing
The Finnish Centre for Pensions’ long-term projections (LTP) have been published in English. The pension financing outlook is stable for the next few decades. The insurance contribution under the Employees Pensions Act (TyEL contribution) can be kept below 25 per cent of the wages until the 2050s. However, in the long run, the low birth …
Finnish pension system still one of the best in international comparison
The Finnish retirement income system ranked 4th in the international Melbourne Mercer Global Pension Index (MMGPI) comparison published today. The country’s overall ranking fell by one notch. For the sixth time in a row, Finland topped the integrity and transparency sub-indexes.
Earnings-related pension contributions in 2020
The central labour market organisations have agreed on the private-sector earnings-related pension contributions for 2020. The Ministry of Social Affairs and Health will confirm the grounds for the earnings-related pension contribution upon application by the earnings-related pension insurers.
Online course on pensions in English
The online course ”The Finnish Earnings-related Pension System” is intended for persons who work within or with the earnings-related pension system and who need a general overview of the pension system in English.
Social security agreement to be concluded between Finland and Japan
The social security agreement will affect the social security of persons moving between Finland and Japan. It concerns the earnings-related pension system in Finland and the Japanese workers’ pension insurance.