Good governance at Varma
The starting point for Varma’s corporate governance is the company’s core task – securing pensions. The statutory earnings-related pension scheme was created by an agreement concluded between the government and labour market organisations, and the tripartite model still plays a key role in the development of the system. Labour market organisations also participate in the administration of earnings-related pension companies.
Good governance promotes the transparency of Varma’s operations and administration, which in turn contributes to strengthening public confidence in the earnings-related pension scheme.
Varma’s governance is based on the Finnish Act on Employment Pension Insurance Companies. Varma also complies with the applicable provisions of the Finnish Corporate Governance Code.