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’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.
The Ministry of Social Affairs and Health has confirmed the life expectancy coefficient for 2020 at 0.95404.
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 …
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.
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.
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.
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.
The conference Pension Adequacy in Europe – Today and Tomorrow, arranged in Helsinki on Tuesday 17 September 2019, gathered European experts on pension adequacy. A video recording of the conference, the presenters’ slides and three interviews are now available on this website.
The principle of free movement of workers is one of the most important principles of the EU. To guarantee free movement for all while ensuring their social security rights, the cooperation between authorities must be carried out in good spirit. This was established by the seminar of the EU network MoveS that took place in …
Finnish Centre for Pensions – Central body of and expert on statutory earnings-related pensions