D4 Published development or research report or study
Finland reforms the income basis for calculating pension insurance contributions for the self-employed
Authors: Olli Kangas
Publisher: European Commission
Publishing place: Brussels
Publication year: 2022
Series title: ESPN Flash Reports
Number in series: 2022/38
First page : 1
Last page: 4
Web address : file:///C:/Users/aoekan/Downloads/ESPN%20-%20Flash%20report%202022%20-%2038%20-%20FI%20-%20June%202022%20(1).pdf
Self-archived copy’s web address: https://research.utu.fi/converis/portal/detail/Publication/175926319
The Finnish government will reform the income basis for calculating pension insurance contributions for the self-employed. Currently, the selfemployed themselves can decide the income they will insure. Oftentimes, they choose the lowest contribution category, which leads to low earnings-related pensions. Furthermore, income chosen for pension contribution purposes has ramifications for other income transfers as well. For example, sickness and family leave benefits are calculated on the basis of pension-giving income. The reform will be effective from 1 January 2023.
Downloadable publication This is an electronic reprint of the original article. |