News and articles
Welcome to our newsroom. Here you will find our latest news and press releases as well as our blogs and articles.
News and articles
Finnish pension system in a nutshell
Finland has one of the best pension systems in the world - and that’s a fact. But if you’re starting a business in Finland, you might be wondering why it’s mandatory for entrepreneurs to take out pension insurance. Or for employers to get pension insurance for their employees? We are here to help you!
Finnish pension system in a nutshellMore news and press releases
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News
4.3.2025
Pensioner living abroad, answer the country of residence enquiryWe annually check the information of our pension recipients living abroad, such as their address, because the changed information may have an impact on the payment of the pension.Pensioner living abroad, answer the country of residence enquiry
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Press release
13.2.2025
Ilmarinen's Financial Statements 2024: The return on investments was 8.6 per cent, or EUR 5 billion – solvency strengthened and efficiency improvedIlmarinen’s return on investments was 8.6 per cent, and cost-effectiveness was further improved. Premiums written grew by 2 per cent and operating expenses financed using loading income fell by 2 per cent.Ilmarinen's Financial Statements 2024: The return on investments was 8.6 per cent, or EUR 5 billion – solvency strengthened and efficiency improved
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News
12.11.2024
Earnings-related pension insurance contributions for 2025 confirmedThe Ministry for Social Affairs and Health has confirmed the earnings-related pension insurance contributions for 2025. The average contribution for employer’s pension insurance (TyEL) is 24.85 per cent of the payroll in 2025.Earnings-related pension insurance contributions for 2025 confirmed
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News
29.10.2024
Pensioner, the 2025 tax card goes into effect already in JanuaryNext year, tax cards for pensioners and employees will enter into force as early as 1 January 2025. The change will come into effect automatically for our pensioners, and you don't have to worry about it.Pensioner, the 2025 tax card goes into effect already in January
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News
28.10.2024
Employer, self-employed person, pensioner – 2025 earnings-related pension index and wage coefficient confirmedThe Ministry for Social Affairs and Health has confirmed the indices for earnings-related pension insurance for 2025. Next year, the earnings-related pension index is 3077, which means an approximately 1.3 per cent increase on pensions at the start of the year. The confirmed wage coefficient is 1.673. Compared to 2024, the wage coefficient will rise some 2.2 per cent.Employer, self-employed person, pensioner – 2025 earnings-related pension index and wage coefficient confirmed
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Press release
25.10.2024
Ilmarinen's return on investment rose to 7.4 per cent, solvency strengthened and cost efficiency improvedIlmarinen's return on investment in the period January–September was 7.4 per cent, or EUR 4.4 billion. Investment assets rose to EUR 62.9 billion and solvency capital to EUR 14 billion. Cost effectiveness continued to improve and is reflected in lower premiums for customers.Ilmarinen's return on investment rose to 7.4 per cent, solvency strengthened and cost efficiency improved