News and Press releases
The partial old-age pension, a new pension type introduced at the turn of the year, has turned out to be more popular than expected. A recent questionnaire survey conducted on behalf of the Finnish Centre for Pensions reveals that every third person who gets a partial old-age pension is not working.
Are you working as a summer employee in Finland this summer? Your employer must take out pension insurance for you even if you are working for a short time and regardless of your nationality.
According to the customer classification made by the Grey Economy Information Unit of the Tax Administration, every fourth case of supervision relates to insurance unclarities in construction firms that operate in Uusimaa. The following most common employer groups operate in trade and the hotel and restaurant business.
The pension assets of the earnings-related pension scheme grew in 2016 by 9.4 billion euros, amounting to 190.2 billion euros at year-end. Examine the money flow with the new visualisation of the earnings-related pension money flows.
The international conference on Changing Labour Markets, Life-Course and Pensions, arranged by the Finnish Centre for Pensions on 19 May, drew nearly 130 experts to discuss issues of growing inequality, rising employment rates among the elderly, the low future pensions of EU immigrants and the importance of investing in education. The keynotes were particularly concerned […]
The Finnish Centre for Pensions has launched a campaign in which it tells about earnings-related pensions in a simple and easy-to-understand way. The Facebook site includes, among other things, a pension calculator that tells you what your retirement age is and gives you an idea of how much pension you will get.
In 2016, €26 billion were paid in earnings-related pensions in Finland. That is an increase of €700 million compared to the previous year. A record-high 57,000 persons retired on an earnings-related old-age pension last year. Although the gap between men’s and women’s pensions has narrowed, it is still considerable.
How do changes in the labour market and workers’ life course affect the pension provision, and how are pension schemes reformed in different parts of the world? These questions were addressed at the international conference Changing Labour Markets, Life-Course and Pensions arranged at the Finnish Centre for Pensions in Helsinki on 19 May 2017.
Dr Anna d’Addio, Senior Pension Policy Analyst, will arrive in Helsinki on the 19th of May to speak at the conference “Changing Labour Markets, Life-Course and Pensions”. Earlier this spring, Dr d’Addio gave an interview in which she outlines how societies can extend working lives and how parental leaves and wage gaps affect pensions.
Professor Lyle Scruggs (University of Connecticut) will lecture on the US public pension system on Tuesday 23 May at the Finnish Centre for Pensions. All welcome!
Information on the pension reform distributed through traditional media – the radio, TV and the press – would appear to reach citizens most successfully. The Finnish Centre for Pensions and Kela conducted a study on how citizens’ awareness of the pension reform is affected by information. The majority of people approaching the retirement age seems […]
The renewed statistics includes data on pension recipients, average earnings-related pensions and monthly pension expenditure per pension type and per the end of each month.
The higher the income level of a country’s pensioners is, the weaker their subjective economic wellbeing is, regardless of the level of their own income. This is evident in a study based on pan-European data.
Earnings-related pensions provide security in the event of old-age, disability and the death of the family’s breadwinner. Our booklets on earnings-related pension insurance, fresh from the press, are available online and in print in English, Finnish and Swedish.
Poverty in retirement among the self-employed is very common in Sweden. They accrue pension through a social security contribution paid in connection with taxation. no salary, no social security.
The Finnish Centre for Pensions decides whether an employee or a self-employed person is to be covered by Finnish social security while working abroad. The number of applications for an A1 certificate for posted employees received by the Finnish Centre for Pensions continued to grow in 2015. An increasing number of posted employees work regularly […]
One of the research projects of the European Foundation for the Improvement of Living and Working Conditions (Eurofound) is titled Extending working lives through flexible retirement schemes. The Finnish Centre for Pensions will participate in this project.
In the last two decades, the costs of the surviving spouse’s pensions within the earnings-related pension system have nearly doubled. In 2014, surviving spouse’s pensions were paid for 17 years on average.
The publication series of the Finnish Centre for Pensions will be renewed as of the beginning of 2016. In the future, our expertise will be published in four series: Studies, Reports, Statistics and Handbooks.
According to a study by the Finnish Centre for Pensions, the number of working-age people who do not engage in gainful employment has grown in the last decade.
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