ansioeläkkeellä

Ansioeläkkeellä refers to the state of receiving an earnings-related pension in Finland. This type of pension is granted based on the individual's earnings and the pension contributions paid during their working life. It is a key component of the Finnish social security system, aiming to provide financial security for individuals after they have retired from work.

The earnings-related pension system is funded by contributions from both employees and employers, as well as self-employed individuals. These contributions are managed by pension providers, such as Ilmarinen, Varma, and Elo. The amount of pension an individual receives is calculated based on their pensionable earnings accumulated over their career, with specific accrual rates applied for different age groups.

To be eligible for an earnings-related pension, individuals typically need to reach a certain retirement age, which varies depending on their birth year. There are also possibilities for early retirement under certain conditions, such as disability or long working history. The Finnish earnings-related pension system is designed to be a comprehensive safety net, ensuring that individuals who have contributed to the system receive a pension that reflects their past work and earnings. Decisions regarding pension applications and payments are handled by the Finnish Centre for Pensions (Eläketurvakeskus) and the individual pension providers.