Varhennyskäytännöt

Varhennyskäytännöt, or "varhennys" in Finnish, refers to the practice of early retirement in Finland. This practice allows individuals to retire from their jobs before reaching the mandatory retirement age of 63. The decision to retire early is typically made by the employee and the employer, with the consent of both parties. The primary reasons for early retirement include health issues, personal circumstances, or the desire to pursue other interests or careers.

The process of early retirement involves several steps. First, the employee must inform their employer of their intention to retire early. The employer then evaluates the employee's performance and the company's needs to determine if the early retirement is feasible. If approved, the employer and employee agree on the terms of the early retirement, including the amount of compensation and any benefits that will be provided.

Early retirement can have significant financial implications for both the employee and the employer. The employee may receive a lump sum payment or an annuity, depending on the agreement. The employer may also incur costs related to finding a replacement and training new employees. Additionally, early retirement can impact the employee's pension and other benefits, as the amount of pension may be reduced based on the age at which the employee retired.

Varhennyskäytännöt is a flexible option for employees who wish to retire early, but it is important to carefully consider the potential consequences before making a decision. Both the employee and the employer should carefully evaluate the situation and ensure that all parties are satisfied with the agreement.