News

The assets of the Finnish earnings-related pension system continued to grow in 2025 – for a third year in a row. At the end of the year, the assets amounted to 290 billion eros, up by nearly 6 per cent from 2024. The data stems from the recent statistics on money flows of the Finnish Centre for Pensions.

From 1 May 2026 onwards, the partial old-age pension will be considered income when calculating the general social security benefit paid by Kela. This may reduce the amount of the general social security benefit. It is worth finding out the effect before applying for a partial old-age pension.

The second ETK Pension Research Forum delves into distributional aspects of pension policies and the consequences of increasing retirement ages. Welcome to the webinar on Monday 16 March 2026 at 13:00–15:30 (CET). The webinar is in English.

Rising globalisation in the workplace and greater awareness are reflected in the growing number of A1 certificate applications. Applications for pensions from abroad were also on the increase in 2025 compared to 2024. In 2025, the Finnish Centre for Pensions granted 26,700 certificates on coverage by Finnish social security while working abroad. This is an …

Each year, the Finnish Centre for Pensions grants a Pro Gradu Award of €2,000 to a quality Master’s thesis accepted at a Finnish university in the previous calendar year. Applications for the 2025 Pro Gradu Award should be submitted by 13 March 2026.

You can now find information on earnings-related pensions in an increasing number of languages. In addition to materials in English, Finnish, Swedish, Estonian and Russian, we now also offer pension information in Northern Sámi.

In recent decades, pension reforms have been driven globally by population ageing, economic crises and transforming working lives. The goal has been to secure pension systems’ financial sustainability and pension adequacy. This new report of the Finnish Centre for Pensions presents the key trends in paradigmatic pension reforms from an international comparative perspective.

The Finnish Centre for Pensions has released a report examining the implications of the earnings-related pension reform agreed at the beginning of 2025. The reform particularly amends the investment and financing regulations of the pension scheme under the Employees Pensions Act (TyEL). The report assesses the impact of the reform using a variety of calculation methods. For the first time, the Finnish Centre for Pensions is publishing calculations based on stochastic population forecasts, as well as institution-specific projections.

In 2026, earnings-related pension contributions will change: in the future, all employees will pay the same amount in pension contribution, regardless of age.

The Ministry for Social Affair and Health in Finland has confirmed the life expectancy coefficient for 2026. The coefficient will cut starting pensions by nearly 5.4 per cent – more than in 2024. The pension amount is multiplied by the life expectancy coefficient at the start of retirement, that is, when the pension is granted.