Working in retirement is often irregular and occasional – many fail to find suitable work
Half of the newly retired old-age pensioners are interested in working in retirement. According to a survey conducted by the Finnish Centre for Pensions, most persons who have worked in retirement have continued working for the same employer and with similar tasks. The work is often irregular and occasional.
Partial old-age pension gaining ground in Finland – more early old-age pension recipients in Finland than in Norway or Sweden
The partial old-age pension has proved to be a popular pension benefit in Finland. Its popularity grew particular in 2022 and seems to continue. In relation to the population, there are more people on a partial old-age pension in Finland than in Sweden or Norway.
One A1 certificate enough for business trips in Europe
There’s no need to apply for an A1 certificate separately for each business trip abroad. Instead, it’s possible to apply for an A1 certificate that is valid for two years. One certificate is thus enough to secure the social security of an employee who often goes abroad on business trips.
Confirmed for 2024
Life expectancy coefficient 0.94692 for the cohort born in 1962
Earnings-related pension index 3037 – earnings-related pensions increase by 5.7%
Wage coefficient 1.637 – up by 5.1% compared to 2023
Employee’s pension contribution 7.15% and the increased contribution for 53–62-year-olds 8.65%, average employer’s contribution 17.34%
Farmer’s and self-employed person’s pension contribution 24.10% and the increased contribution for 53–62-year-olds 25.60%
Contribution interest rate 4.10%