News

The number of applications for A1 certificates to Spain increased in 2024. The popularity of remote working abroad is one of the reasons for this growth. Self-employed persons are also applying for A1 certificates more than before.

A room full of experts gathered in Helsinki on 31 January 2025 to tackle issues of social security coordination and free movement of workers.

The short booklets “The ABCs of pensions for employees” and “The ABCs of pensions for the self-employed” have been updated. The online and printable two-page booklets provide key facts about earnings-related pensions for employees and the self-employed and are published by the Finnish Centre for Pensions. The figures are in 2025 prices.

Each year, the Finnish Centre for Pensions grants a Pro Gradu Award to a distinguished Master’s thesis. The award is 2,000 euros. Proposal for the award must be presented on 14 March 2025 at the latest.

Employer, please make sure that your employee who works regularly in two or more EU countries has a valid A1 certificate. One certificate covers working in all EU countries.

A new age group, born in 1961, will reach its lowest retirement age as of late 2025. The partial old-age pension can be granted at age 62. Earnings-related pensions will increase by more than 1 per cent. We will get more detailed information about the upcoming pension reform.

As retirement ages are rising, concerns have been raised about the feasibility and social fairness of extending the working lives of those who already have long careers of demanding work. This is the theme at the webinar of the Finnish Centre for Pensions on Tuesday 14 January 2025. The webinar is in English.

Raising the retirement age has significantly delayed retirement. This has, among other things, raised the employment rate of 63-year-olds to nearly 60 per cent. Before the 2017 pension reform, only 34 per cent of people over 63 were in work.

The development of working lives seems moderate when examined with a new indicator from the Finnish Centre for Pensions based on the relationship between the expected duration of active working life and life expectancy. The calculation of the labour years ratio was decided in connection with the 2017 pension reform.

The earnings-related pension index will increase pensions by 1.31 per cent at the turn of the year. The wage coefficient will increase by 2.19 per cent. The index adjustments have been exceptionally large in the past two years. We are now returning to a period of moderate increases.