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Financing of pensions

On these pages, we present the principles of financing for earnings-related pensions, the sustainability of financing, earnings-related pension contributions and the circulation of earnings related pension money. In addition, we illustrate technical provisions and solvency regulations.

Principles of financing

The Finnish earnings-related pension system is a defined benefit system. This means…

Sustainable financing

Many factors — such as the birth rate, employment, and returns on…

Pension contributions

The Finnish earnings-related pensions are mainly financed by pension insurance contributions paid…

Circulation of pension money

Most of the pension contributions collected yearly are used to pay the…

Technical provisions and their calculation

The earnings-related pension system for private-sector employees is a partially funded system.…

Solvency regulation

One of the tasks of private-sector pension providers is to place part…

Glossary of actuarial terms

The glossary explains the most common terms concerning the calculation of technical…

Topical

Transfer statistics 3/2024 published

The number of earnings-related pension insurance policies transferred from one pension insurance company to another totalled over 5 800 between…