From 2005 onwards pensionable pay will be based on average earnings of the whole career. Earlier years' earnings are re-valued in line with a mix of economy-
the OECD average of 59%. Finnish people born in 1940 could retire 3 years earlier at 65 with a full pension and a replacement rate of about 68%.
Future gross pension replacement rates are close to the OECD average for average-income earners and below average for low-income earners.
total pension income which an average-earning Potential average pension benefit ... There are two main types of statutory pension plans in Finland:.
08?/11?/2017 This is because the average national pension is quite low as pensioners can get a small national pension although they get almost median old-age ...
In 2021 the average municipal tax rate is 20.02 per cent (19.97% in 2020). The public broadcasting tax is 2.5 per cent for an annual income that exceeds 14
The main objective of the Finnish pension system is to ensure that the In 2006 the average total pension of the pensioners (earnings-related and ...
* The effective retirement age shows the age at which people on average start receiving a pension benefit. It is calculated on the basis of the administrative
02?/12?/2021 the total population higher than the OECD average of 88%. ... explain only half of this and
and all pension recipients in Finland have been published since 1981.1 In 1981 Average and median earnings-related old-age pension at 31 Dec. 2019.