Current issues

If you live permanently abroad, return your residence report by 15 of March

If we sent you a residence report to fill out in December, please fill in the residence report and send it back to us by the due date, even if your circumstances have not changed. Alternatively, you can confirm your information on our eServices, provided that you have personal Finnish banking codes or a mobile certificate required for logging in to our service. By doing so you can speed up the handling of the residence report.

If we do not receive your residence report by the due date we will suspend the payment of pension as of 1 April.

Confirm your information in the Residence report service

Would you like to raise the tax rate on your pension?

From the beginning of February, we will withhold tax from pensions according to the 2019 tax percentage reported by the Finnish Tax Administration. If you would like to pay a higher withholding tax rate than what the tax authorities have informed you of, you can notify our pension payments department of the higher tax rate by phone or in writing.

Earnings-related pensions will rise by approximately 1.5 per cent at the beginning of 2019

The Ministry of Social Affairs and Health has confirmed the indexes for earnings-related pension provision for the year 2019.

The earnings-related pension index in 2019 will be 2585. Compared to 2018, the earnings-related pension index will rise by approximately 1.5 per cent. The earnings-related pension index is used to adjust earnings-related pensions in payment. When calculating the earnings-related pension index, the changes in price level weigh 80 per cent and the changes in wage-earners’ income level 20 per cent.

Spain’s new tax agreement to enter into force and Portugal’s tax agreement to end at the start of 2019

The new tax agreement between Finland and Spain will enter into force at the start of 2019. At the same time, the tax agreement between Finland and Portugal will end. This will affect the taxation of our pensioners living in Spain and Portugal.

Read the Tax Authority’s press release concerning how pension taxation will change (in Finnish)

 

 

 

Current issues
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