Persons insured for an earnings-related pension in Finland 2017

Transcription

1 Persons insured for an earnings-related pension in Finland 2017 Official Statistics of Finland (OSF): Persons insured for an earnings-related pension in Finland [e-publication]. ISSN Helsinki: Finnish Centre for Pensions 2018

2 Insured persons in employment or selfemployment by pension act at year-end 2017 JuEL (Municipal Sector) 1 529,000 JuEL (Church) JuEL 18,000 Other public (State) 2 9, ,000 MYEL 62,000 TyEL 1,552,000 YEL 204,000 MEL 5,000 A person may be insured simultaneously under different pension acts. By the end of 2017, a total of 2.4 million persons were insured for an earnings-related pension. 1) Includes 40,000 family caregivers, private care providers, persons elected to a position of trust etc. covered by the Public Sector Pensions Act (JuEL/Municipal Sector). 2) Includes 6,000 board members, consultants, Members of Parliament etc. covered by he Public Sector Pensions Act (JuEL/State). 2

3 Persons aged covered by the earningsrelated pension scheme at year-end 2017 by age Age Persons , , , , , ,200 All ,728,400 0 % %2020 %3030 %4040 %5050 %6060 %7070 %8080 %9090 % % In employment at In employment during 2017, not at In employment before 2017 Retired at

4 Insured persons in employment or selfemployment at year-end 2017 by earningsrelated pension act and gender Pension act Persons Private sector ,784,700 TyEL ,552,100 MEL ,400 YEL ,100 MYEL ,400 Public sector* ,900 JuEL (Municipal Sector) ,000 JuEL (State) ,800 JuEL (Church) ,500 All ,382, % %2020 %3030 %4040 %5050 %60 60 %7070 %80 80 %90 90 % % Men Women Persons may be covered by more than one earnings-related pension act. Persons are counted only once for the Private sector, Public sector and All figures. *Includes persons insured under JuEL (Kela), Pension regulation for the Bank of Finland, and Pension regulation for the regional government of Åland. 4

5 Persons covered for the first time under earnings-related pension acts in Persons Private sector Public sector 5

6 Persons receiving benefits for unpaid periods and under VEKL* provisions in Persons Women Men * Act on Compensation for Pension Accrual from State Funds for Periods of Caring for a Child Aged under Three and Periods of Study. 6

7 Benefits for unpaid periods based on the completion of degrees and qualifications by type of qualification and gender Men Women 16% 18% 19% 46,600 persons 53% 24% 60,400 persons 44% 12% 14% Initial vocational qualification Lower university degree University of applied sciences degree Higher university degree Initial vocational qualification Lower university degree University of applied sciences degree Higher university degree

8 Employees insured monthly earnings in 2017 by age Whole earnings-related pension sceme /month All Average Median Persons: 655, , , , ,000 2,547,000 Average monthly earnings are calculated by dividing annual insured earnings by number months in employment. FINNISH CENTRE FOR PENSIONS Persons insured for an earnings-related pension 3 Dec

9 Employees insured monthly earnings in 2017, by main earnings-related pension acts /month TyEL JuEL (Municipal Sector)* JuEL (State) All employees Average Median Persons: 1,872, , ,000 2,547,000 Average monthly earnings are calculated by dividing annual insured earnings by number months in employment. *Employees and civil servants FINNISH CENTRE FOR PENSIONS Persons insured for an earnings-related pension 3 Dec

10 Breakdown of average monthly insured earnings by income category in 2017 by gender %18 16 Men (1,251,000) Average earnings /month 7,500 7,000 7,499 6,500 6,999 6,000 6,499 5,500 5,999 5,000 5,499 4,500 4,999 4,000 4,499 3,500 3,999 3,000 3,499 2,500 2,999 2,000 2,499 1,500 1,999 1,000 1, Women (1,296,000) % Average monthly earnings are calculated by dividing annual insured earnings by number months in employment. FINNISH CENTRE FOR PENSIONS Persons insured for an earnings-related pension 3 Dec