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People on a partial old-age pension more often retire on a full-time old-age pension as soon as they reach their retirement age than do those who are not drawing a partial old-age pension. The same applies to those who draw the former part-time pension. People on an early pension also less often continue working until their target retirement age, a study by the Finnish Centre for Pensions reveals.

Working in two or several EU Member States as a civil servant and as an employee or a self-employed person means that the social security of the person working abroad is transferred to the country where the work as a civil servant is done. This also applies to situations in which the person works remotely in Finland as a civil servant for a foreign employer.

The winner of the 2021 Pro Gradu Award, Heidi Tuohimaa (M.Soc.Sc., University of Lapland), examined in her thesis the news coverage of earnings-related pension insurance companies and the related framework in Finland’s largest daily paper Helsingin Sanomat. Each year, the Finnish Centre for Pensions grants a Pro Gradu Award to a distinguished Master’s thesis.

How much has the retirement age of Finns and Nordic citizens increased? How does the level of education affect the labour market exit age in European countries? Attend our research webinar in English on 7 June 2022 at 14.00-15.15 EEST (13:00–14:15 CEST) to hear the latest research findings on this topic.

The Finnish Centre for Pensions has updated its short and concise booklets on earnings-related pensions for both wage earners and the self-employed. Both booklets are available in English, Finnish and Swedish. The booklets are available online and can easily be printed out as pdf files.

The Finnish Centre for Pensions has been awarded a Certificate of Merit by the International Social Security Association (ISSA) within the ISSA Good Practice Awards programme. The certificate was granted to the Finnish Centre for Pensions for its web service that instructs employers on how to insure their workers in international employment situations.

Partial old-age pensions have been selected mainly by wage earners with an average income. As the retirement age rises, the pension cutting effect of the partial old-age pension increases. The increasing cutting effect of early retirement is already showing in starting old-age pensions.

Employer, are you employing a worker from Ukraine? Remember to take out earnings-related pension insurance for the worker.

Pension assets increased by 33 billion euros last year, particularly due to a robust return on pension providers’ investments. Pension contribution income also developed favourably due to the growing wage sum. Low inflation curbed expenditure.

The earnings-related pension field and Tax Administration will launch two joint trials. In both of them, 25,000 citizens will receive a message via the MyTax service. The message encourages the recipient to check their pension record via the web service of their pension provider. The customer is steered to the web service via a joint steering service.