News and Press releases
The gender gap in pensions in the EU countries is alarmingly wide, says Italian researcher Francesca Bettio. The attempts to solve this problem come with downsides.
A growing number of earnings-related disability pensions are partial disability pensions. In 2017, nearly one third of all new retirees on a disability pension got a partial disability pension. A typical retiree on a partial disability pension is a middle-aged woman who works in the public sector.
The average monthly pension in 2017 in Finland was 1,656 euros, which is 20 euros more than in 2016. The median pension was 1,434 euros per month, or 30 euros more than in 2016.
The Nordic countries are famous for their gender equality. Nevertheless, women’s pensions lag behind men’s even here. A research conference to be held in May at the Finnish Centre for Pensions in Helsinki seeks for solutions to this problem. Senior Researcher Kati Kuitto tells us not to expect easy solutions.
The majority of 54-62-year-olds know that you get a higher pension if you work longer. Yet only half of them can estimate how much pension they will get. Even fewer know how the life expectancy coefficient will reduce their pension.
The European Commission aims to improve the situation of people who, due to their employment status, are not sufficiently covered by social security schemes.
The pension entitlements of the earnings-related pension system were approximately 632 billion euros at year-end 2015. Pension entitlements means the amount of money that is enough to pay for the pensions that have already accrued. Slightly less than one third of the pension entitlements in Finland have been funded in advance, according to Statistics Finland.
According to statistics of the Finnish Centre for Pensions, people in Finland retired on an old-age pension at age 61.2 years on average in 2017. This is about one month later than in 2016. The number of new retirees was 75,000 persons, of whom three out of four retired on an old-age pension.
The A1 certificate attests that your worker’s pension and other social security contributions are paid to Finland. The quickest way to get the A1 certificate is to apply for it online.
We are merging our separate customer services for insurance of work abroad, international pension applications, self-employed persons and pension advice into one multichannel customer service.
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 […]
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!
Pocket Statistic is published by the Finnish Centre for Pensions. It includes central statistical data, time series and info-graphics on pensions. The most recent figures date back to year-end 2016.
The content and structure of the joint website of the earnings-related pension field, Työeläke.fi, has been remodelled and improved to help people find the information they need about earnings-related pensions. The new website is also clearer and easier to use – on all devices. It offers basic information on earnings-related pensions and includes examples, calculators and videos […]
More than one of three newly self-employed workers set their confirmed income that forms the basis for their pension at or near the minimum level in 2016. The share has grown by 13 percentage points in two years, according to statistics from the Finnish Centre for Pensions.
Most retirees in Russia have to work since their pensions are too small for them to get by on. The faith in the pension system has crumbled among the young. A study shows that up to 76% of 18-49-year-olds believe that they cannot afford to stop working.
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