Pocket Statistics – small booklet of fresh earnings-related facts
Pocket Statistics includes central statistical data, time series and info-graphics on pensions. The most recent figures date back to year-end 2019.
Topical issues
Workers allowed to travel between Finland and Estonia again – Do you have an A1 certificate?
Workers can again travel between Estonia and Finland, starting on 14 May. Estonian workers can travel to Finland and Finnish workers to Estonia. If you work abroad, you may need an A1 certificate.
More than half of the self-employed feel that they have insured themselves adequately
Of the self-employed, 57 per cent feel that they pay adequate pension contributions, while 43 per cent feel they have underinsured themselves. A recent study by the Finnish Centre for Pensions shows that the majority of the self-employed pay low contributions in relation to their income.
International investment return comparison: Pension funds achieved top returns in 2019
Last year was exceptionally good for pension investors worldwide. The largest investment returns of nearly 20 per cent were achieved by the Government Pension Fund of Norway (SPU) and the Swedish AP4. Despite an excellent investment year, the return of most actors included in the comparison fell over a 10-year period.
Appointment: Sari Alanko appointed new Head of Department of Register Services at the Finnish Centre for Pensions
As of 1 May 2020, the new Head of Department of the Register Services Department of the Finnish Centre for Pensions is Sari Alanko (M.Sc.).
Corona crisis and pensions
All over the world, many regular functions have come to a halt because of the corona epidemic. In Finland, the earnings-related pension system quickly became a considerable part of the crisis management package. Although the measures taken will lead to a temporarily reduced contribution income for pension providers, pensions are paid out as usual. Read …
Mental disorders the most common reason for retirement on a disability pension
For the first time, mental disorders surpassed musculoskeletal diseases as the main cause for retirement on a disability pension. Disability pensions granted for mental disorders increased clearly in 2016. Depression has become a particularly common reason for retirement on a disability pension for women who are young or nearing their retirement age.
Telecommuting because of the corona virus – which country’s social security applies?
Due to the corona virus, many who work abroad now telecommute from their home country. The telecommuting may affect which country’s social security is applied to the worker.
Posted worker, have you been laid off abroad?
Your A1 certificate continues to be valid if you are laid off for no more than 3 months. If you are laid off until further notice, your A1 certificate will cease to be valid one month at the most from the date that your lay-off begins.
Already 25,000 Finns drawing a partial old-age pension
At year-end 2019, the number of partial old-age pension recipients in Finland was 25,000, which is an increase of 6,000 from the end of 2018. Nearly all take out 50 per cent of their accrued old-age pension. The average monthly partial old-age pension was 800 euros and the median 720 euros, statistics of the Finnish …