Average monthly pension in Finland in 2024: €2,100
The average monthly pension for Finns continued to grow last year. In 2024, earnings-related pensions and pensions paid by Kela amounted to 39.1 billion euros.
Topical issues
Research Agenda of the Finnish Centre for Pensions 2025–2029: Financially and socially sustainable pension provision in a demographically changing Finland
The Finnish Centre for Pensions produces independent research data on how the earnings-related pension system works, the impacts of pension reforms and how the pension system is achieving its objectives. In 2025–2029, our research focuses on four key areas: working careers, transition to retirement, pension adequacy, and the financial sustainability of the pension system.
2025 Pension reform strengthens public finances
The 2025 pension reform in Finland introduces significant changes aimed at ensuring the financial sustainability of the country’s earnings-related pension system. Pensions will continue to accrue as usual, and age limits remain unchanged, but investors in pension assets can now expect better investment returns.
Earnings-related pensions grew to 275 billion euros
The assets of the Finnish earnings-related pension system increased by about 20 billion euros in 2024. The growth is due to investment returns. Insurance contribution income increased by more than half a billion euros.
Fewer Finns retire on disability pensions
The number of Finns retiring on disability pensions each year has remained relatively stable throughout the 2020s. In 2024, this number saw a slight decrease, marking the lowest in statistical history. These figures come from the latest statistics by the Finnish Centre for Pensions.
Navigating Pension Reforms – Insights from Recent Research
The first ETK Pension Research Forum delves into pension reforms, their impact and the issues that need to be addressed in future reforms. Welcome to the webinar on Monday 17 March 2025 at 13:00–15:00 (CET). The webinar is in English.
Effective retirement age continues to rise rapidly
Finnish people extend their working lives faster than estimated. In 2024, people retired on an earnings-related pension at an average age of 63.1 years. The target set for 2025 has already been reached and passed by more than half a year.
More and more Finns are choosing to work in Spain
The number of applications for A1 certificates to Spain increased in 2024. The popularity of remote working abroad is one of the reasons for this growth. Self-employed persons are also applying for A1 certificates more than before.
30 years of EU Membership celebrated at MoveS seminar at the Finnish Centre for Pension
A room full of experts gathered in Helsinki on 31 January 2025 to tackle issues of social security coordination and free movement of workers.
The ABCs of earnings-related pensions – the most relevant information about pensions
The short booklets “The ABCs of pensions for employees” and “The ABCs of pensions for the self-employed” have been updated. The online and printable two-page booklets provide key facts about earnings-related pensions for employees and the self-employed and are published by the Finnish Centre for Pensions. The figures are in 2025 prices.