takuueläkkeestä

Takuueläke is a Finnish term referring to a guaranteed pension. It is a supplementary pension benefit designed to ensure a minimum income level for all pensioners, regardless of their previous employment history or pension accrual. The takuueläke is paid by Kela, the Social Insurance Institution of Finland.

The primary purpose of the takuueläke is to prevent poverty among the elderly. It is paid to individuals who are entitled to an earnings-related pension, but whose total pension income falls below a certain guaranteed level. The takuueläke supplements their earnings-related pension up to this minimum amount.

Eligibility for the takuueläke is based on several factors, including residency in Finland, age, and entitlement to a pension. The amount of the takuueläke is adjusted annually. It is a crucial component of Finland's social security system, aiming to provide a basic level of financial security in retirement. It is important to note that the takuueläke is not a standalone pension but a supplement to other pension benefits.