A growing number of earnings-related disability pensions are partial disability pensions. In 2017, nearly one third of all new retirees on a disability pension got a partial disability pension. A typical retiree on a partial disability pension is a middle-aged woman who works in the public sector.
In 2017, 18,600 persons retired on an earnings-related disability pension. Nearly every third (5,600) retired on a partial disability pension.
The share of partial disability pensions has doubled over the last decade: in 2007, 14 per cent of the new retirees on a disability pension got a partial disability pension. In 2017, the share had risen to 30 per cent.
A typical retiree on a partial disability pension is a 55-year-old woman who works in the public sector. Her ability to work has been reduced because of a musculoskeletal disease, but she is found capable of part-time work and lighter work tasks.
“That the share of disability pensions is growing is a positive trend. As many as four out of five disability pension retirees work while getting the pension. Continuing at work means that their old-age pension grows and that the pension expenditure is kept at a moderate level”, says Tina Palotie-Heino, statistics manager at the Finnish Centre for Pensions.
Depression drives nine people into retirement each day
People tend to retire on a disability pension towards the end of their working life. In 2017, the average age of the new disability retirees was 52 years and more than half of them had already turned 55.
The main causes of disability were musculoskeletal diseases (34%) and mental and behavioural disorders (29%).
Women retired on a disability pension more often than men because of mental and behavioural disorders. Diseases of the circulatory organs, as well as injuries and poisonings are more common among men than women.
Depression continues to be the main single cause for retirement on a disability pension. Last year, approximately nine persons retired each day because of depression. Two out of three were women.
145,000 retirees on a disability pension
Today, about 145,000 persons are getting an earnings-related disability pension. Two out of five (42%) have retired because of mental disorders. One quarter (26%) or all retirees on a disability pension have retired due to the second major cause for retirement: musculoskeletal disorders.
“Mental disorders drive people to retirement at a clearly younger age than do musculoskeletal diseases. In 2017, the average age for retirees with mental disorders was 45 years, while it was 56 years for retirees with musculoskeletal disorders,” explains Palotie-Heino.