Statutory Pension Insurance

Pension protection in Finland

The Finnish pension system is divided into two separate subsections – statutory pension insurance and national pension insurance. The statutory pension is determined by earnings based on your career and the national pension is only paid if other aggregate earnings related pensions are less than the stated revenue cap.

Finnish earnings related pensions do not only provide security in the case of old-age. Pensions are also secured for different life situations:

part-time pension allows for a decrease in the amount of work toward the end of a career,
disability security in case of illness affecting daily routines or a disability that prevents work,
professional rehabilitation to provide support for a new start if you are currently unable to take part in your work,
survivors´ pension security for the spouse and children of the deceased person.

Pensions are adjusted annually according to an index in order to maintain purchasing power.

Application forms: