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Finland

In: Extended Working Life Policies

Author

Listed:
  • Laura Salonen

    (University of Turku)

  • Antti Kähäri

    (University of Turku)

  • Ilkka Pietilä

    (University of Helsinki)

Abstract

Finland’sFinland population is ageing due to declining fertility and increasing life expectancyIncreasing life expectancy rates. This creates pressure to maintain high employment ratesEmployment rate(s) . Lately, FinlandFinland has focused on extending working careers by raising statutory pension age and facilitating part-time employmentPart-time employment for pensioners. Finland faces high unemploymentUnemployment rate(s) ratesEmployment rate(s) , 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 lifeWorking life by promoting wellbeingWellbeing at work, increasing labour market flexibilityFlexibility and supporting workers’ competitiveness through various strategies. The latest reforms on unemployment activation and possible future reforms on the regional government, healthHealth and social servicesServices and basic incomeBasic 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 lifeWorking life , such as parental leaveParental leave and unemployment periods.

Suggested Citation

  • Laura Salonen & Antti Kähäri & Ilkka Pietilä, 2020. "Finland," Springer Books, in: Áine Ní Léime & Jim Ogg & Martina Rašticová & Debra Street & Clary Krekula & Monika Bédiová & Ignaci (ed.), Extended Working Life Policies, chapter 18, pages 251-260, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-40985-2_18
    DOI: 10.1007/978-3-030-40985-2_18
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