Finland -Deal on pension reform -September 28, 2014

Oct 12, 2014 - Negotiations between the social partners concerning the pension reform have ended with several agreed changes to the existing system. The agreement was signed by two of the three trade union confederations.

Negotiations between the social partners concerning the pension reform have ended with several agreed changes to the existing system. The agreement was signed by two of the three trade union confederations. The minimum retirement age will be raised gradually from 63 to 65 for persons born after 1955. Also, the system of accumulation of pensions will change. In the new agreement the pension accrual will be 1.5 % in a year of employees' entire earnings throughout a working career between the ages of 17 and 65.

English: http://heikkijokinen.info/en/trade-union-news-from-finland ...   

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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