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A total of 55,000 persons retired on an old-age pension in 2015. The old-age pension of women was, on average, 1,515 euros while that of men was EUR 2.083.

The gender gap was particularly prominent in the group of new retirees receiving a monthly pension of 4,000 euros or more. Up to 80 per cent of them were men. Five per cent of all new retirees received a pension higher than 4,000 euros.

“The situation depicts the role and status of men in the Finnish working life,” says Tiina Palotie-Heino, Statistics Manager at the Finnish Centre for Pensions.

More on the statistics on Earnings-related pension recipients in Finland

Could Working Lives be Extended by Working Less?

At first glance, the thought of extending working lives by doing less work seems counter-intuitive: how can something be extended by reducing it? However, when analyzing working lives we need to scrap intuition. Niko Väänänen explains more in his blog.

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.


The Finnish pension scheme rose in ranking since last year, ending up fourth in the international Melbourne Mercer Global Pension Index (MMGPI) comparison published today. We outranked both Sweden and Switzerland. According to the comparison, our pension scheme tops the list in the sub-indexes of integrity and transparency.