Finnish pension fund CEOs propose higher risk to overcome demographics
CEOs of pension insurance companies Veritas and Elo comment on the Finnish government’s plans to kick off yet another pension reform as part of efforts to save the welfare state.
An upcoming pension reform in Finland should strengthen public finances by EUR 1bn, announced Finland’s prime minister, Petteri Orpo (National Coalition Party), in a meeting with labor market leaders on Wednesday. According to the prime minister, pension contributions are subject to an upward pressure of about one percentage point due to demographics.
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