Finnish Pension System

The Finnish pension system provides income for retirees through a combination of earnings-related and national pensions. Workers and employers contribute a portion of earnings to a pension fund, which accumulates over a person's working life. When retired, individuals receive monthly payments based on their earnings history and contributions. Additionally, a basic national pension offers a safety net for those with limited or no other income. The system is designed to ensure financial security for retirees while remaining sustainable through ongoing contributions and actuarial management.