Based on the register data of the Finnish Centre for Pensions, we can estimate the pensions accrued by different age groups of employees covered by earnings-related pension insurance. Employees start accruing pensions at the age of 17 and self-employed persons at the age of 18, with pensions being calculated based on annual earnings. Before 2005, pension accrual started at the age of 23. In general, older age groups have accumulated more pension due to longer working lives.

The figures presented on this page are register-based estimates of the average earnings-related pension accruals of people living in Finland at the end of 2024. These figures do not include those who receive a pension based on their own career, such as old-age pension, partial old-age pension or disability pension. The accruals consider the effect of the life expectancy coefficient.

Estimated average earnings-related pension accruals for people living in Finland, by gender, as at 31 December 2024, €/month

For example, by the end of 2024, employees covered by earnings-related pension insurance who were 40 years old had accrued an average monthly pension of 680 euros. For those aged 50, the average monthly pension accrual was 1,182 euros, and for those aged 60, it was 1,749 euros per month.

Men and women under 30 have generally accrued similar amounts of earnings-related pensions. In older age groups, men tend to have higher pension accruals than women. At the end of 2024, the average pension accrued by 40-year-old women was 84 per cent of that of men of the same age. For 50-year-olds, the ratio was 77 per cent, and for 60-year-olds, it was 79 per cent.

Individuals can check how much earnings-related pension they have accrued on their pension record.

Estimated average earnings-related pension accruals for people living in Finland, by gender, as at 31 December 2024, €/month

Age	Men	Women	All
17	3	2	2
18	8	6	7
19	20	18	19
20	31	33	32
21	48	49	48
22	67	66	67
23	89	87	88
24	115	111	113
25	144	138	141
26	171	165	168
27	204	196	200
28	237	226	232
29	270	258	264
30	306	291	299
31	343	322	333
32	380	353	367
33	421	385	403
34	460	413	437
35	505	448	478
36	548	487	519
37	597	518	559
38	642	557	601
39	685	588	638
40	738	619	680
41	782	657	721
42	829	688	761
43	873	724	801
44	935	761	851
45	1007	813	913
46	1070	850	964
47	1148	904	1029
48	1216	948	1086
49	1283	984	1138
50	1333	1024	1182
51	1372	1046	1213
52	1437	1086	1266
53	1498	1128	1314
54	1538	1175	1358
55	1617	1219	1420
56	1667	1287	1477
57	1738	1356	1547
58	1810	1425	1616
59	1882	1482	1680
60	1954	1549	1749
61	2001	1579	1778
62	2039	1622	1816
63	2085	1657	1853

Additional key figures on the accrual of earnings-related pensions are presented in the attached Excel file, which includes not only averages but also the median and the upper and lower quartiles of the distribution.

Read more on Etk.fi:

• Estimates of the accrual of earnings-related pensions for different age groups at the end of 2024: average, median, and upper and lower quartiles by gender (Excel)
• Persons insured for an earnings-related pension in Finland

Read more elsewhere: 

• Calculators (Työeläke.fi)
• Pension record (Työeläke.fi)