The Finnish Centre for Pensions produces versatile statistics that describe the Finnish pension system. The statistics include information on pension recipients, persons insured under the earnings-related pension acts, pension expenditure, effective retirement ages, rehabilitation under the earnings-related pension scheme and the financing of earnings-related pensions.
We produce Official Statistics of Finland in the area of Social Protection.
Women’s income development slows markedly at family formation age
Employees’ insured earnings in Finland vary significantly by age and gender. Earnings are lowest among women who have recently joined the labour market and highest among men aged 40. It seems that family formation affects the development of women’s earnings in particular.
Average total pension in Finland 1,716 euros
In 2019, pension recipients received an average total monthly pension of 1,716 euros and a median monthly pension of 1,497 euros. Men got an average monthly pension of 1,937 euros and women 1,533 euros (20% less).
Mental disorders the most common reason for retirement on a disability pension
In 2019, around 20,300 persons retired on an earnings-related disability pension. Of the new retirees, 10,900 were women (54%) and 9,400 men (46%).
The most common reason for retirement on a disability pension was mental and behavioural disorders.