A3 Vertaisarvioitu kirjan tai muun kokoomateoksen osa
Pension reforms beyond social investment: do social investment and intervention layers exist in Finland's pension system?
Tekijät: Ilmakunnas, Ilari; Ollonqvist, Joonas; Moisio, Pasi
Toimittaja: Erola, Jani; Moisio, Pasi; Peltoniemi, Johanna
Kustantaja: Edward Elgar Publishing
Julkaisuvuosi: 2026
Kokoomateoksen nimi: Beyond the Nordic Welfare State : Extending Social Investments with Interventions
Aloitussivu: 253
Lopetussivu: 264
ISBN: 978-1-03537-543-1
eISBN: 978-1-03537-544-8
DOI: https://doi.org/10.4337/9781035375448.00023
Julkaisun avoimuus kirjaamishetkellä: Avoimesti saatavilla
Julkaisukanavan avoimuus : Kokonaan avoin julkaisukanava
Verkko-osoite: https://doi.org/10.4337/9781035375448.00023
Rinnakkaistallenteen osoite: https://research.utu.fi/converis/portal/detail/Publication/523616541
Rinnakkaistallenteen lisenssi: CC BY NC ND
Rinnakkaistallennetun julkaisun versio: Kustantajan versio
Pensions represent a cornerstone of income security in the Nordic welfare state. This chapter analyses the major Finnish pension reforms of 2005, 2017, and the reform negotiated in 2025, and shows how these pension reforms have increasingly incorporated elements of the social investment paradigm. The 2005 and 2017 reforms introduced flexible retirement ages, life expectancy adjustments, and accrual incentives designed to extend working lives, thereby embedding investment-oriented incentives into the system. However, interventionist features remain limited, with only selective measures such as the years-of-service pension for physically demanding occupations. The 2025 reform shifts the focus towards fiscal stabilisation, introducing technical mechanisms rather than behavioural incentives. Overall, Finnish pensions illustrate how an earnings-related, corporatist system can integrate elements of social investment without fundamentally departing from its role as long-term income security.
Ladattava julkaisu This is an electronic reprint of the original article. |