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JUHANI ARTTO
HOMEPAGE 2013

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TRADE UNION NEWS
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Effective retirement age jumped upwards more than expected

Helsinki (28.02.2011 - Juhani Artto) In 2010 the effective retirement age rose to 60.4 years. It was the second year in a row of clear increase. Last year the jump upwards was even higher than expected by experts, no less than 0.6 years in one year. The common goal of the Finnish government and labour market organizations is to raise the effective retirement by three years by 2025, from the 2008 level of 59.4 years. Last year almost half of the increase of the effective retirement age was due to the abolishment of the unemployment pension for people who were born in 1950 or later.

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