Increment for late retirement increases total pension
The accrued pension increases if a person continues to work beyond their retirement age, thanks to both the increment for late retirement and the additional pension accrued for continued working.
Read more about this in the most recent English Summary (Tyoelake 2:2024) published on 3 June 2024. The English Summary also includes information on the total pension assets in Finland at the end of 2023 and the amount of the average monthly pension in 2023. You can also read about how light entrepreneurship (also called independent working) is on the upswing in Finland.
Read the digital English Summary (p. 35)