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Finland

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Abstract:

Finland: Pension system in 2008 There is a basic state pension (national pension), which is income‐tested, and a range of statutory earnings‐related schemes, with very similar rules for different groups. The schemes for private‐sector employees are partially pre‐funded while the public‐sector schemes are pay‐as‐you‐go financed (with buffer funds to even out future increases in pension contributions).

Document Type: Review Article

Publication date: 2011-03-01

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