Eläkesanasto Ordlista Pension Glossary

higher accrual rate

As a result of the pension reform,you will earn pension funds  at a higher accrual rate if you are between 53 and 62 years old during the transition period from 2017 to 2025. In that case, you will earn pension funds at a rate of 1.7 per cent of your gross annual earnings. The standard accrual rate  is 1.5 per cent.

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