eläkekorotukseen

Eläkekorotus refers to an increase in pension payments in Finland. These adjustments are typically made annually to ensure that pensions keep pace with the cost of living and wage increases. The primary goal of eläkekorotus is to maintain the purchasing power of pensioners.

The calculation of eläkekorotus is based on a formula that considers inflation and the average wage development in the country. The Finnish Centre for Pensions (Eläketurvakeskus) monitors these economic indicators and proposes the adjustment percentage for the following year. This percentage is then confirmed by the Ministry of Social Affairs and Health.

There are different types of pensions in Finland, and the eläkekorotus applies to most of them, including earnings-related pensions, national pensions, and guaranteed pensions. However, the exact method of calculation and the specific indices used might vary slightly depending on the pension scheme.

The eläkekorotus is a crucial mechanism for social security, aiming to prevent pensioners from falling behind economically. It is reviewed and adjusted regularly to reflect current economic conditions. This ensures that the pension system remains fair and sustainable for all recipients.