Finland: social partners can’t agree on solutions to guarantee the future of pensions

Work longer in exchange for better standards of living at work. Faced with the outcry caused by its decision to bring retirement age from 63 to 65 (see our dispatch No. 090251), Prime Minister Matti Vanhanen accepted to renegotiate this project provided that the social partners presented “probable” proposals to extend careers in the long run. The EK employers’ organization and the SAK, Akava and STTK union confederations agreed that a joint work group would prepare, under the care of Jukka Rantala, Director of the Central Pension Fund (Eläketurvakeskus), tracks to postpone effective retirement age with the aim of increasing average retirement age (in 2008, it was 59.4) by at least three years by 2025. Meanwhile, another group was created, at the initiative of the social partners, headed by Jukka Athela (EK) to think about a way to improve professional standards of living to allow employees to get through the end of their career under the best possible conditions.
Enjoy this article for free while you’re in your trial period
You have access to our content for 1 month.

ment age with the aim of increasing average retirement age (in 2008, it was 59.4) by at least three years by 2025. Meanwhile, another group was created, at the initiative of the social partners, headed by Jukka Athela (EK) to think about a way to improve professional standards of living to allow employees to get through the end of their career under the best possible conditions.

Positive results for the negotiation on working conditions. After 11 months of debate, only Athela’s group managed to

Do you have information to share with us?
What you absolutely must read this week
The essential content of the week selected by the editorial team.
See all
Netherlands: Uber fined over 800 million euros for automated algorithmic decisions
The news. In a decision dated 17 August, the Dutch Data Protection Authority fined ride-hailing company Uber €825 million for automating decisions regarding driver account deactivations. The...
Portugal: open consultation on the transposition of the Pay Transparency Directive
The news. On 5 August 2026, the Portuguese government published a document proposing a draft text to transpose the EU Pay Transparency Directive as the basis for a public consultation open until...
EU: the Commission will set up an Expert Group on the impact of AI in the world of work
The news. On 22 July 2026, the European Commission published a progress report on the EU-27’s achievements regarding the objectives of the European Pillar of Social Rights, reinforced by the...
Belgium: toward an additional five days of leave following the birth of a child
The news. On 18 July, the Belgian federal government approved a draft bill introducing an additional five days of leave following the birth of a child. This entitlement would be added to existing...