Finns in no hurry to retire early

clock

FINLAND - About a quarter of Finns who now have the possibility for early retirement under the new flexible retirement age are still working, according to Elaketurvakeskus, the Finnish Centre for Pensions.

Under reforms introduced in January this year, Finns can retire on an old-age pension between the ages of 63 and 68. But the centre said some 40,000 people born between 1940 and 1942, making them e...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Finland

VER up 5.3% in Q1

FINLAND - Valtion Elåkerahasto (VER), Finland's state pension fund, gained 5.3% during the first quarter on the back of its equity investment performance.

clock 06 May 2010 •

Neste Oil transfers scheme to OP Life Assurance

FINLAND - Neste Oil will transfer is supplementary pension plans to insurer OP Life Assurance, the firm said today.

clock 12 January 2010 •

Pension funds invest in Finnish bonds

FINLAND - European pension funds scooped up nearly a fifth of Finland's recent €3bn (US$4.4bn) bond issuance, the State Treasury said.

clock 13 October 2009 •
Trustpilot