Statutory pensions in Finland : Long-term Projections 2022

Abstract

The report presents the Finnish Centre for Pensions’ long-term projection regarding the development of statutory pensions from 2022 to 2090. The main focus of the report is on projections of earnings-related pensions. The report examines the development of pension expenditure and the pension benefit level, as well as the financing of private sector earnings-related pensions. The main results of the financing projection are the development of contributions and assets under the Employees Pension Act and an assessment of the financial equilibrium of the earnings-related pension scheme.