Earnings-related Pension System in Graphs and Figures The slideshow includes key information of the Finnish earnings-related pension system. 18.5.2015.

Slides:



Advertisements
Similar presentations
IMAC National Academy for Information Management.
Advertisements

Increase the Bottom Line by Helping Distressed Employees During Challenging Financial Times Presented by E. Thomas Garman to SHRM Webcast August 6, 2008.
SECTION 2 WORK Starter… In pairs come up with your own definition of ‘Tax’
Lesson 13.1 Retirement Basics July 2011Copyright © 2011 … REMTECH, inc … All Rights Reserved1 Introduction Your income during Retirement comes from sources.
How Do Public Pensions Affect Retirement Incomes and Expenditures? Evidence over Five Decades from Canada Kevin Milligan Vancouver School of Economics.
Chapter 3. Personal taxation Company taxation Capital gains tax Other taxes Double taxation South African taxation.
Chapter 16 Retirement Planning Social Security Employer Plans Individual Plans Self Employed Plans.
Social Security. What is social security … the securing of an income to take the place of earnings when they are interrupted by unemployment, sickness.
Finnish Social Security System The Finnish Social Security system is very open and two faceted. Some benefits are residence-based, some employment-based.
1 Personal Financial Planning. 2 Investing for Retirement Will you be able to retire? –When? –At what standard of living? –How much will you need to retire?
Knowledge-based performance management Marie Hansen, Director General of the Danish National Labour Market Authority.
Chapter 14: Social Security & Medicare. Social Security Established in 1935 by President Roosevelt to protect economic well-being of the aged Today, over.
Introduction to Taxation
P247. Figure 9-1 p248 Figure 9-2 p251 p251 Figure 9-3 p253.
Actuarial Research Symposium Adequacy of the SGL: An analysis of Longevity and Economic Impacts.
CONTRACTING OUT IN THE UK A PARTNERSHIPSHIP BETWEEN PUBLIC AND PRIVATE PENSIONS Chris Daykin Government Actuary Rome, 3 April 2003.
Capital Management Solutions Limited Presentation April 2005.
PENSION FUNDS. PENSION PLANS 1.PUBLIC PENSION FUNDS Created by state, local or federal govt. 2.PRIVATE PENSION PLANS Created by private agencies including.
© 2002 McGraw-Hill Ryerson Ltd.Chapter 1-1 Chapter One Introduction to Labour Market Economics Created by: Erica Morrill, M.Ed Fanshawe College.
Chapter 15 Retirement and Estate Planning
Economic Security of Older Persons in Japan 3 Oct Michiko Mukuno Cabinet Office, Japan.
HOW TO EVALUATE OUTCOMES OF REHABILITATION Matti Tuusa Training and Information Manager Rehabilitation Foundation, Pakarituvantie 4-5 Po Box 39,
Retirement Planning. Writing Prompt Write one paragraph about the kind of lifestyle you would like to have when you retire. Include ideas on how much.
Reforming Public Pensions in the U.S. and the U.K.
5.5 Simple Interest I can find simple interest.. Simple interest formula.
Bled2007.ppt1 International Forum on Pension Reform: Exploring the Link to Labor and Financial Market Reforms Bled, 7-9 June 2007 Decreased Employment.
1 Invalidiliitto 1 Situation of persons with disabilities in Finland Terttu Manelius Planning officer Disability Policy Finnish Association of People with.
Retirement Income and Estate Planning. Social Security A public pension plan established by the US government in 1935 – defined benefit plan Recipients.
By: Shannon Breedlove, Ayren Burns, Chris Sitzman, & Heather Taylor.
Arizona State Retirement System Presentation to the Government Finance Officers Association of Arizona January 7, 2011.
The Evolution of China’s Social Policies Richard Herd (Feb 28, 2013)
Vermont’s Expanding Pension Crisis Presented by David Coates to the Ethan Allen Institute June 19,
A.G. MALLIARIS and MARY MALLIARIS Loyola University Chicago RISK MANAGEMENT SUMMER SCHOOL RISK AND RETURN OF INDIVIDUAL RETIREMENT ACCOUNTS June 19-28,
United Kingdom Country Summary. Basics Low flat-rate Basic State Pension (20% national average earnings) Supplementary Earnings Related Second State Pension.
AIM Why is it important to invest for retirement? DO NOW What are different sources of income we can use for living expenses after retirement? INVESTING.
Social Security: Where Are We? Where Are We Going? Melanie Griffin.
Taxes off your pay stub: What are they and how do they work?
Savings and investments. Reasons to save and invest ► Education ► Down payments- car, house, toys ► Business startup ► Retirement ► Emergencies.
On using dynamic microsimulation models to assess the consequences of the AWG projections and hypotheses on pension adequacy: simulation results for Belgium,
Website, Blog & Social Media. Communications work.
Part 1 Intro: Working and Earning Goal: Describe the factors that influence an individual’s income. Brainstorm…… individual skills and abilities, work.
Bulgaria’s Pension Reform Responding to the Needs of Workers for the 21 st Century.
Saving for Retirement Personal Finance Chapter 15.2.
Social Security: Building on Success November 20, 2007 Presentation for the Economic Policy Institute Virginia P. Reno Vice President for Income Security.
Topical questions between Estonia and Finland – Finnish perspective trESS seminar Minna Levander.
The Labor law in Cyprus: an overview Current rate of unemployment in Cyprus: % ( %) Current rate of unemployment for young people: 2012.
CERN Pension Fund Emilie Clerc Benefits Service. Emilie Clerc - Induction September Purpose of the Fund To insure its members and beneficiaries.
Retirement Income and Estate Planning. Social Security A public pension plan established by the US government in 1935 – defined benefit plan Recipients.
PERSONAL FINANCE! BY :JAQUELINE ESPINOSA. WHAT IS PERSONAL FINANCE?? PERSONAL FINANCE DEFINES ALL FINANCIAL DECISIONS AND ACTIVITIES OF AN INDIVIDUAL.
Effective Retirement Age in 2015 Jari Kannisto Development Manager 11 Feb
Retirement Security for All Brian Klopp and Gary Gorski Department of Research and Collective Bargaining Services.
The main directions of the Strategy
Social Security GOVT Module 16.
Earnings related pension system in graphs and figures
Santiago, Chile - Agosto, 2009
Division of Costs in Graphs and Figures
Financial overview of Finnish insurance companies
7% Information available for 178 countries (100%) CONTRIBUTORY
Demographic transition
5 Essential Things to Know about Retirement Security
Division of Costs in Graphs and Figures
Chapter 7 Jeopardy! Solving Equations
Circulation of earnings-related pension money in the private and public sectors in 2017 Updated April 2018.
Main concepts of the PSEO
Retirement Vocabulary
SECTION 2-4 Social Security and Medicare Taxes pp
Division of Costs in Graphs and Figures
Vought Aircraft Industries, Inc Savings and Investment Plan Change
Line Graphs.
Mortgage Investment Retirement Handout 1.
Presentation transcript:

Earnings-related Pension System in Graphs and Figures The slideshow includes key information of the Finnish earnings-related pension system

Pension System and Governance

Finnish Centre for Pensions 2

3

4

5

6

7

8

Determining the Pension

Finnish Centre for Pensions 10

Finnish Centre for Pensions 11

Finnish Centre for Pensions 12

Finnish Centre for Pensions 13

Finnish Centre for Pensions 14

Finnish Centre for Pensions 15

Finnish Centre for Pensions 16

Pension Level

Finnish Centre for Pensions 18

Finnish Centre for Pensions 19

Finnish Centre for Pensions 20

Finnish Centre for Pensions 21

Pension Expenditure

Finnish Centre for Pensions 23

Finnish Centre for Pensions 24

Finnish Centre for Pensions 25

Finnish Centre for Pensions 26

Insured for Earnings- related Pension Benefits

Finnish Centre for Pensions 28

Finnish Centre for Pensions 29

Pension Recipients

Finnish Centre for Pensions 31

Finnish Centre for Pensions 32

Finnish Centre for Pensions 33

Finnish Centre for Pensions 34

Retirees on Earnings- related Pensions and Effective Retirement Age

Finnish Centre for Pensions 36

Finnish Centre for Pensions 37

Finnish Centre for Pensions 38

Finnish Centre for Pensions 39

Finnish Centre for Pensions 40

Finnish Centre for Pensions 41

Finnish Centre for Pensions 42

Rehabilitation within the Earnings-related Pension Scheme

Finnish Centre for Pensions 44

Finnish Centre for Pensions 45

Finnish Centre for Pensions 46

Finnish Centre for Pensions 47 Finnish Centre for Pensions 47

Finnish Centre for Pensions 48

Financing of Earnings- related Pensions

Finnish Centre for Pensions 50

Finnish Centre for Pensions 51

Finnish Centre for Pensions 52

Finnish Centre for Pensions 53

Finnish Centre for Pensions 54

Investment Operations of Pension Providers

Finnish Centre for Pensions 56

Finnish Centre for Pensions 57

Finnish Centre for Pensions 58