eläkekarttumaan

Eläkekarttuma refers to the accumulation of pension rights in the Finnish earnings-related pension system. It is a core concept in understanding how one's future pension is built up over their working life. Essentially, it represents the pension capital that an individual has earned through their employment and self-employment.

Each year, a percentage of an individual's earned income is credited to their pension account. This percentage has varied over time, with different rates applying to different age groups and periods of employment. For instance, younger workers have historically accumulated pension at a lower rate than older workers. These contributions, along with investment returns generated by the pension institutions, form the basis of the eläkekarttuma.

The total eläkekarttuma at any given time indicates the pension that would be payable if the individual were to retire at that point. This accumulated pension capital is then used to calculate the pension benefit upon retirement. It is important to note that eläkekarttuma is a dynamic figure, constantly increasing with new earnings and investment growth, and decreasing with pension payouts. Understanding one's eläkekarttuma is crucial for individuals to estimate their future retirement income.