Eläkesanasto Ordlista Pension Glossary

increased pension contribution

During the pension reform transition period (1 January 2017–31 December 2025), employees and self-employed persons aged 53–62 paid a higher earnings-related pension contribution than younger workers. The contribution rate for those aged 53–62 was 1.5 percentage points higher than the general employee contribution rate, and the pension accrual rate was also higher.

Correspondingly, the pension accrual rate was higher for those who had reached the age of 53.

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