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Total Pension in 2017

This review explains how the components which affect the total pension in 2017 are determined. The example tables describe how the total net pension is built up at different income levels. The review surveys how the earnings-related pension, the guarantee pension and the residence-based national pension and its supplements are determined, as well as how the pensions are taxed in the relevant year. The review also contains a more general survey of how pensions are taxed. In addition, the survey compares pensioners’ and wage earners’ tax and contribution burdens at different income levels.

Read the summary of the report

Flexible retirement eroding the cliff-edge between work and retirement?

In its latest pension reform, Finland relaxed the rules for retirement, giving people more freedom to combine work and retirement. By introducing a new partial pension, Finland is following the old-age pension scheme design of Sweden and Norway, writes Liaison Manager Mika Vidlund

Earnings-related Pension System in Graphs and Figures

Download the slideshow or use it via SlideShare. Earnings-related Pension System in Graphs and Figures includes key information of the Finnish earnings-related pension system.

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More than one of three newly self-employed workers set their confirmed income that forms the basis for their pension  at or near the minimum level in 2016. The share has grown by 13 percentage points in two years, according to statistics from the Finnish Centre for Pensions.