The ABCs of earnings-related pensions in concise booklets
A two-page booklet offering key facts of earnings-related pensions for employees and the self-employed are now available online and printable as pdf files. The figures are in 2023 prices.
A two-page booklet offering key facts of earnings-related pensions for employees and the self-employed are now available online and printable as pdf files. The figures are in 2023 prices.
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 19 March 2023.
The Finnish Centre for Pensions granted a record number of A1 certificates of coverage under Finnish social security in 2022. The volumes returned to the growth trajectory that preceded the corona years.
In 2021, a total of 95,000 persons began their work insured under the earnings-related pension acts for the first time. That was a 25-per-cent increase compared to 2020 and nearly at a pre-corona level. The average monthly earnings of Finnish employees in 2021 was 3,200 euros according to earnings statistics of the Finnish Centre for Pensions
As the A1 certificate may be needed also for short periods of work abroad, the Finnish Centre for Pensions advices employers to apply for it also when sending their employees abroad to work for a short period of time. The underlying reason for this is that working abroad has become increasingly common, which has led to the need to specify the instructions on when to apply for an A1 certificate. For those travelling often, it is worth the while to apply for the A1 certificate for two years at a time.
Are you looking for information on the economic wellbeing of pensioners in Finland? Do you want to know more about how pensions have developed or how large the pension income is relative to wages in Finland? Do you know how well the pension system is known? The Finnish Centre for Pensions has compiled its key research findings on its website in the section “Findings from our research”.
The review on pension indicators is a compact information package on the state and projected outlook of earnings-related pensions. The package is directed at decision-makers and all interested in the outlook of pension provision. The review includes the most important indicators that depict the current status and predicted development of earnings-related pensions through graphs and …
The population is ageing, which has consequences for the pension system. In response, policy reforms across Europe have aimed at extending working lives and postponing the retirement of older workers. However, one actor is often overlooked in these changes: the employer.
In Finland, employment among the 60–68-year-olds increased in all educational levels between 2006 and 2018. As a rule, educational inequalities in employment has narrowed, a study by the Finnish Centre for Pensions shows.
The Ministry of Social Affairs and Health has confirmed the 2023 indexes for earnings-related pensions. The earnings-related pension index will rise by 6.8 per cent and the wage coefficient by 3.8 per cent compared to 2022. Because of the exceptionally high increase in the earnings-related pension index, the timing of retirement matters if the plan is to retire at the turn of the year 2022-2023.
Finnish Centre for Pensions – Central body of and expert on statutory earnings-related pensions