logoalt Hacker News

baobabKoodaa • today at 4:06 AM • 1 reply • view on HN

Pensions in Finland are not "indexed to inflation" in the sense that you mean. Our pensions are wildly underfunded and people of working age generally expect to get back LESS than the NOMINAL VALUE of what they've paid towards their pensions during their working life (*when we count "employer contribution" into "employee contribution", which is what it is in reality).


Replies

lastyearman • today at 1:07 PM

Pensions in finland are indexed to inflation. Employee pension fund is not underfunded and actually grew a few years ago. It is predicted to start growing again on 2030.