Increasing Success in Exposing Negligence in Pension Insuring

In 2011, more than EUR 140 million of uninsured wages were discovered. This constitutes an increase of 50 per cent compared to the previous year. The negligence in pension insuring concerned more than 17,000 employees. The Finnish Centre for Pensions systematically develops methods of supervision and cooperates first and foremost with the tax administration.

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Small Rise in Expected Retirement Age

 (08.02.2012)
The expected effective retirement age is still rising. According to statistics by the Finnish Centre for Pensions, the average age of a person retiring on an old-age pension last year was 60.5 years. The increase from the previous year was 0.1 years.

Keva: Retirement on Old-Age Pension Slowed Down

 (15.02.2012)
The increase seen in old-age pensions in the municipal sector was balanced last year. The number of people retiring on an old-age pension from the municipal sector grew by only 1.5 per cent.

Earnings-related Pensions do not Create Sustainability Gap

 (09.02.2012)
The earnings-related pension scheme as a whole does not increase the sustainability gap of the public economy although the dependency ratio in Finland is weakening, says Risto Vaittinen, economist at the Finnish Centre for Pensions. He spoke on the issue at an economics forum in Vaasa.

Supervision Yielding Significant Results

 (31.01.2012)
Supervision of employers revealed uninsured salaries worth more than EUR 140 million. This is more than twice the amount in 2010. The Supervisory Department of the Finnish Centre for Pensions examined the pension insurance issues of more than 10,000 employers. Approximately 4,000 of them had failed to insure properly more than 17,000 employees.

Comparative Survey of Pension Provision and Occupational Pensions in Different Countries

 (27.01.2012)
The Finnish Centre for Pensions has released a translation of a report titled The Structure of Pension Provision and the Significance of Occupational Pensions in Different Countries.
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The Finnish Centre for Pensions is the central body of the statutory earnings-related pension scheme and an expert in pension provision. Read more
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