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Pension entitlements in the end of 2016

Discount rate Pension scheme Billion euros As percentage of GDP, %
3 % (base scenario) Statutory earnings-related pension scheme 644 298
  - private branches 1) 431 200
- public branches 2) 213 99
2 % Statutory earnings-related pension scheme 762 353
- private branches 513 238
- public branches 248 115
4 % Statutory earnings-related pension scheme 554 256
- private branches 369 171
- public branches 185 86
Undefined Voluntary supplementary employment-related pension schemes 3) 10 5
1) the Employees Pensions Act, the Seafarer?s Pensions Act, the Self-employed Persons? Pensions Act, the Farmers? Pensions Act, the Act on supplementary pension provision under the Employees Pensions Act (closed down in the end of 2016), the pensions of the evangelical-lutheran church, the Act on compensation for Pension Accrual from State Funds for Period of Childcare and Periods of Study
2) the Public Sector Pensions Act (excluding the pensions of the evangelical-lutheran church), the Pension regulations for the employees of the Bank of Finland and the Regional government of ┼land, the Act on compensation for Pension Accrual from State Funds for Period of Childcare and Periods of Study
3) voluntary industry-wide and company pension funds' pension insurances and insurance corporations' group pension insurances

Source: Financial accounts, Statistics Finland

Inquiries: Antti Suutari 029 551 3257, Jarkko Kaunisto 029 551 3551, rahoitus.tilinpito@stat.fi

Director in charge: Ville Vertanen


Updated 8.3.2019

Referencing instructions:

Official Statistics of Finland (OSF): Financial accounts [e-publication].
ISSN=1458-8145. Complementary data to pension entitlements 2016, Pension entitlements in the end of 2016 . Helsinki: Statistics Finland [referred: 9.2.2023].
Access method: http://www.stat.fi/til/rtp/2016/13/rtp_2016_13_2019-03-08_tau_001_en.html