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Financing of pensions

Basic information of pensions financing, pension contributions as well as technical provisions and solvency regulation.

Financing principles

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

Pension contributions

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

Circulation of pension money

The Finnish earnings-related pension system follows the principle of partial funding. This…

Technical provisions

In a partially funded system, the pension provider calculates the technical provisions…

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 3/2021 published

The number of earnings-related pension insurance policies transferred from one pension insurance company to another totalled almost 4,200 July-September: transfers…