In Finland and Sweden, the old-age poverty risk varies greatly between men and women because clearly more women than men live alone. A research article by the Finnish Centre for Pensions reviews the gender differences in old-age poverty in 14 EU countries. The differences between the northern and southern countries are surprisingly large.
The Nordic countries are leading the way in introducing flexible pension options. How do those on flexible – often partial – pensions adjust their working patterns before taking a full old-age pension? What are the consequences of the objective of extending working lives?
Welcome to the English language research webinar of the Finnish Centre for Pensions on Monday 22 April 2024 at 2.00–3.15 p.m. (EEST) / 1.00–1.15 p.m. (CEST).
The short booklets “The ABCs of pensions for employees” and “The ABCs of pensions for the self-employed” have been updated. The online and printable two-page booklets provide key facts about earnings-related pensions for employees and the self-employed and are published by the Finnish Centre for Pensions. The figures are in 2024 prices.
The assets of the Finnish earnings-related pension scheme increased by about 13 billion euros in 2023. The growth is due to investment returns. Insurance contribution income increased by more than one billion euros.
According to a recent report by the Finnish Centre for Pensions, the take-home pension will grow for all income levels in 2024. The purchasing power can also be expected to increase after a drop in previous years.
In 2023, a total of 17,700 persons retired from the earnings-related pension system on a disability pension. This was almost as many as in 2022. However, the number of disabled persons in the older population is increasing. This information comes from new statistics released by the Finnish Centre for Pensions.
Agreement was reached at the end of 2023 on the European Union’s (EU) regulation on artificial intelligence (AI). The AI Act is expected to enter into force later this year, once the legislative text has been finalised and the regulation has been formally adopted. What will the AI Act mean in practice?
Each year, the Finnish Centre for Pensions grants a Pro Gradu Award to a distinguished Master’s thesis. The award is 2,000 euros. Nominate your own or your student’s master’s thesis for the award by 15 March 2024.
Based on an external evaluation commissioned by the Finnish Centre for Pensions, its research operations have developed positively compared to the evaluation of 2013. The research team, which is small in terms of number of researchers and budget, is efficient, productive and economical and produces high-quality research.
Why are pensions such a central part of a welfare state? Why is the Finnish pension system the most reliable one in the Nordics? The new book Understanding Finnish Pensions tells the success story of Finnish pensions. This easy-to-understand and concise book is particularly suitable for experts, decision makers and students who are interested in the Nordic welfare state.
Finnish Centre for Pensions – Central body of and expert on statutory earnings-related pensions