Although the forthcoming pension reform has received some criticism, both Lasse Laatunen, Director at the Confederation of Finnish Industries, and Jukka Rantala, Managing Director of the Finnish Centre for Pensions, point out that it has many good points. One of the most significant aspects of the reform is that it does justice to the young. As a result of the reform, the pension level will improve, the pension expenditure will not grow and the time spent in retirement will increase.
Read more about these two subjects in the English Summary of the most recent issue of Työeläkelehti (5:2014), published on 29 November 2014. The Summary also includes an account of the required update of the current IT systems and processes within the earnings-related pension field, as well as an explanation of why the risk of poverty is greater among women than men in Finland and Sweden compared to some other EU countries.
Työeläkelehti is a free-of-charge magazine directed at experts in the field of earnings-related pension. It is published by the Finnish Centre for Pensions and comes out five times a year.