Pension reform extends working lives

fredag, 30 oktober 2020

The majority of older workers defer retirement and continue working in pace with the rising retirement age. Last year, around 45,000 Finnish citizens retired on an old-age pension.

The eligibility age for the old-age pension rises by three months per age cohort. In 2018, it was 63 years and 3 months. In 2019, it rose to 63 years and 6 months, when the first of those born in 1956 reached the retirement age of their age cohort.