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Pension entitlements in the end of 2018

Discount rate Pension scheme Billion euros As percentage of GDP, %
2 % (base scenario) Statutory earnings-related pension scheme 801 343
  - private branches 1) 542 232
- public branches 2) 259 111
1 % Statutory earnings-related pension scheme 965 413
- private branches 659 282
- public branches 306 131
3 % Statutory earnings-related pension scheme 677 290
- private branches 455 195
- public branches 222 95
Undefined Voluntary supplementary employment-related pension schemes 3) 9 4
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 Åland, 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: Anna Mustonen 029 551 3651, Heidi Lauttamäki 295 513 029, rahoitus.tilinpito@stat.fi

Head of Department in charge: Katri Kaaja


Updated 29.4.2021

Referencing instructions:

Official Statistics of Finland (OSF): Financial accounts [e-publication].
ISSN=1458-8145. 13 2018, Pension entitlements in the end of 2018 . Helsinki: Statistics Finland [referred: 15.8.2022].
Access method: http://www.stat.fi/til/rtp/2018/13/rtp_2018_13_2021-04-29_tau_001_en.html