Average monthly pension in 2020 in Finland: 1,762 euros
The average monthly pension of Finns grew by nearly 50 euros in 2020. In real terms, it has risen by an ample 200 euros in one decade. Yet every third pension is less than 1,250 euros per month.
Extending working lives and healthy ageing – What role for flexible retirement?
Different forms of flexible retirement are gaining popularity around the world. One potential group of beneficiaries are older workers with difficulties in reaching their full retirement age due to poor health. The upcoming ETK research webinar on Monday 19 April presents new research on the relation between health, ageing and flexible retirement in Finland and abroad.
We have moved to Kalasatama and serve our customers over the phone and online
As of 4 January 2021, we have moved to new premises at Kalasatama Campus at Tukkutorinkuja 5, Helsinki.
Note! Our Customer Service is located in the premises of International House Helsinki (IHH) at Lintulahdenkuja 2. Due to the corona pandemic, the service point is closed until further notice. Please contact us over the internet or by phone.
What is the Finnish Centre for Pensions striving for?
The Board of Directors has approved the new strategy of the Finnish Centre for Pensions as of 2022. The Finnish Centre for Pensions and its extensive interest groups share a common vision for the Finnish pension system. The vision crystalizes the importance of pensions for individuals’ income security and a pension system in financial equilibrium.
Destabilised careers, poorer pensions?
Globalisation, deindustrialisation, automation, digitalisation and liberalisation are often believed to make working life more fragmented and unstable. We investigated such claims in the recently completed project “Fragmented work careers?” (“Pirstoutuvatko työurat?”), led by researchers of Tampere University. Overall, we found no definitive trends towards fragmentation and destabilisation in Finland. However, we identified persisting labour market inequalities between genders and socioeconomic groups. These findings have important implications for pensions as well.