Last year, nearly 71,500 persons retired on an earnings-related pension. Nearly 54,000 of them retired on an old-age pension. The largest birth cohort retiring on an old-age pension were the 64-year-olds, reveals fresh statistics of the Finnish Centre for Pensions.
As of 31 October 2023, personal customers who use the Suomi.fi Messages service will receive the A1 certificate granted to them by the Finnish Centre for Pensions via that service.
The definition for partial ownership is changed when computing the recommended confirmed income under the Self-employed Persons’ Pensions Act (YEL) for a self-employed person. In the future, the turnover is considered only for those companies where the self-employed person has a significant holding.
An increasing number of people continue working after retirement. Many do so because they like their work or wish to maintain social relations through the workplace. Others work for financial reasons. Join our research webinar on 20 November 2023 to hear about current research findings on this subject.
The Finnish Centre for Pensions has sent the final calculation for the 2024 indexes under the Employees Pensions Act to the Ministry of Social Affairs and Health. According to the calculation, both the earnings-related pension index and the wage index rise by more than 5 per cent compared to 2023.
A majority of the recipients of a partial disability pension work throughout the entire period of receiving the pension. Public sector employees work more often than do private sector employees or the self-employed. However, every fifth partial disability pension recipient is outside the labour force, as is revealed by a recent research article by the …
Construction sites throughout Finland will be targets of intensified supervision in week 42 when the Finnish Centre for Pensions, the industrial safety authorities and the Finnish Tax Administration carry out joint inspections.
The amount of debt, the income level and health are strongly linked to financial satisfaction of old-age pensioners. Taking the differences in income and wealth into account, the financial satisfaction of pensioners is weaker in Southern Finland than in Eastern and Northern Finland. This is evident in a recent research article by the Finnish Centre for Pensions.
The number of disability pension recipients has dropped by more than 25 per cent between 2010 and 2020. For the main part, this is because many of the babyboomers have transitioned from a disability pension to an old-age pension. At the same time, the number of starting disability pensions has declined. This is observed in …
Are you thinking of whether to claim your pension before the end of this year or to continue working past the turn of the year? Our renewed pension calculators can assist you in your planning. Use the calculators at Tyoelake.fi to assess the effect of the index increase on your pension.