List of topical issues
10.12.2024

As retirement ages are rising, concerns have been raised about the feasibility and social fairness of extending the working lives of those who already have long careers of demanding work. This is the theme at the webinar of the Finnish Centre for Pensions on Tuesday 14 January 2025. The webinar is in English.

In many countries, policymakers are looking for new ways to compensate for long working lives and arduous work through the pension system, mostly by offering possibilities for early retirement.

Finland introduced a years-of-service pension in 2017 that offers such a possibility at age 63 to workers with a career of more than 38 years of physically strenuous work and reduced health or work ability. In 2014, Germany temporarily lowered the retirement age for persons with 45 years of work.  

This webinar discusses whether early retirement for long and arduous careers can be implemented in the pension system in a fair and efficient way, focusing on examples from Finland and Germany.

Who are the workers who make use of such early retirement schemes and how physically demanding are their jobs? Are there alternatives to compensate for the arduousness of their work?      

Finnish Centre for Pensions Research Webinar 

Tuesday, 14 January 2025, 13:00-14:15 CET (14:00-15:15 local time EET) 

Presentations: 

  • Aart-Jan Riekhoff (Finnish Centre for Pensions): Arduous careers in times of longer working lives – The role of the years-of-service pension in Finland 
  • Johannes Geyer (German Institute for Economic Research, DIW): Early retirement for early starters – A well targeted policy for people with high job demand? 

Discussant: 

  • Maciej Lis (OECD) 

Moderator: 

  • Kati Kuitto (Finnish Centre for Pensions) 

Register for the webinar in Webropol. After registration, you will receive a confirmation and a calendar invitation with the webinar’s Teams link to your e-mail. 

Finnish Centre for Pensions – Central body of and expert on statutory earnings-related pensions