Topical issues

Finns’ trust in the Finnish earnings-related pension system varies according to their perceived social status. A study conducted by the Finnish Centre for Pensions found that Finns’ trust in pensions falls can be categorised into three distinct groups.

A more flexible framework is being proposed for disability pensioners, enabling them to combine work and receiving a pension more easily. This flexible model is currently progressing through the Finnish Parliament and is expected to come into effect at the beginning of 2028.

Finnish pension investors performed well in the international investment performance comparison for 2025. In the category of investors governed by solvency regulations, the Finns once again took all the top positions, just as they did the previous year.

The Finnish Centre for Pensions is improving its operations and document management by setting up a registry office, which will start operating on 7 April 2026. This change aims to clarify administrative processes clearer and ensure documents are handled efficiently and without delay.

The average monthly pension for Finns in 2025 was 1,930 euros for women and 2,388 euros for men. Earnings-related pensions and pensions paid by Kela amounted to 39.8 billion euros. These data stem from recent joint statistics of the Finnish Centre for Pensions and Kela.

Retiring is a major change that will affect your finances and everyday life. The new Suomi.fi guide provides clear instructions for planning your retirement and applying for a pension. The Finnish Centre for Pensions has taken part in designing and creating the guide.

Each year, more than 17,000 Finns retire on a disability pension. A growing proportion of them are over 60 years old. Among the older workforce, the most common cause of disability is musculoskeletal disorders.

Saving for retirement has increased among all age groups, but particularly among young adults. According to a recent study by the Finnish Centre for Pensions, nearly half of the 25–34-year-olds reported in 2024 that they have saved for retirement.

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.