A3 Refereed book chapter or chapter in a compilation book
Finland
Authors: Salonen Laura, Kähäri Antti, Pietilä Ilkka
Editors: Ní Léime Àine, Ogg Jim, Rašticová Martina, Street Debra, Krekula Clary, Bédiová Monika, Madero-Cabib Ignacio
Publishing place: Cham
Publication year: 2020
Book title : Extended Working Life Policies
First page : 251
Last page: 260
ISBN: 978-3-030-40984-5
eISBN: 978-3-030-40985-2
DOI: https://doi.org/10.1007/978-3-030-40985-2_18(external)
Web address : https://link.springer.com/chapter/10.1007/978-3-030-40985-2_18(external)
Self-archived copy’s web address: https://research.utu.fi/converis/portal/detail/Publication/46334661(external)
Finland’s population is ageing due to declining fertility and increasing life expectancy rates. This creates pressure to maintain high employment rates. Lately, Finland has focused on extending working careers by raising statutory pension age and facilitating part-time employment for pensioners. Finland faces high unemployment rates, low re-employment among over 55-year olds and high gender inequality in pension levels. Gender and educational inequality in pensions reflect the employment gaps and sectoral segregation that have accumulated along lifecourses. Finland aims to extend working life by promoting wellbeing at work, increasing labour market flexibility and supporting workers’ competitiveness through various strategies. The latest reforms on unemployment activation and possible future reforms on the regional government, health and social services and basic income will likely affect pension intentions. To ensure equal levels of pensions, future reforms should focus on whole lifecourses and account for breaks in working life, such as parental leave and unemployment periods.
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