Investment returns dropped yet pension financing increasingly dependent on them
The assets of the Finnish earnings-related pension system shrunk in 2022 – investment losses accounted for 14.8 billion euros. Since the dependency ratio is getting increasingly weaker over time as the population ages, improving investment returns is essential. The options include, among others, adjusting the risk level of private sector pension investments by relaxing the related regulations.
Read more about the role of investment returns in pension financing in Finland in the most recent English Summary (Työeläkelehti 2:2023) published on 5 June. The English Summary also discusses the pros and cons of the guarantee pension and contains concise information on when to apply for the A1 certificate.