Country fact sheet

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Finland

  • Basic country data

  • Population over 60 in 2010:
  • 1,319,095 (25%)
  • Projected population over 60 in 2050:
  • 2,288,971 (38%)
  • Income of country:
  • High income: OECD
  • Social pension?
  • Yes
  • Scheme information

  • Scheme information: Kansanelake (Old Age Pension)
  • Monthly pension benefit:
  • 609 Euros (805 US$)
  • 20.23 % of average income
  • 1628 % of international poverty line
  • Age of eligiblity:
  • 65
  • Targeting:
  • Pensions-tested
  • % of population over 60 covered:
  • 37%

Resources on the pension in Finland

  • Pensions at a glance 2011: Finland

    Year: 2012 | Published by: OECD

    Author: OECD

    Country Profile from OECD's "Pensions at a glance 2011: Retirement-income systems of OECD countries".

  • Government of Finland: Old Age Pension (Webpage)

    Year: 2012

    Author: Government of Finland

    This Government website provides information on Finland's social pension.

  • Social Security Programs Throughout the World: Europe, 2010

    Year: 2010 | Published by: Social Security Administration (SSA), International Social Security Association

    Author: Social Security Administration (SSA), International Social Security Association (ISSA)

    The first issue in the current four-volume series of Social Security Programs Throughout the World reports on the countries of Europe. The combined findings...

  • Finland: Statistical yearbook of the Social Insurance Institution

    Year: 2010

    Author: Kela/Fpa

    The Statistical Yearbook of Kela, the Social Insurance Institution of Finland, offers a wealth of information about the social security schemes administered by Kela....

Pension calculator

Calculate the cost of a universal social pension in Finland.

Visit the Pension Calculator

Notes