The Social Insurance Institution of Finland (Kela) says it paid national pensions to a total of 572,000 people living in Finland in 2017. (Credit: Eija Kontio – Lehtikuva)

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“THE NUMBER of young pensioners has increased,” reports the Social Insurance Institution of Finland (Kela).

Kela announced last year the number of people receiving the national pension in full has grown particularly among young Finns. The number of 16–39-year-old recipients, for example, increased by 20 per cent to 26,000 between 2008 and 2017, primarily as a result of various mental health problems.

National pensions were paid to a total of 572,000 people living in Finland in 2017, signalling a drop of over 10 per cent since 2008. Over one in eight (76,000) of the people received the pension in full, as their earnings-related pensions were lower than 55.54 euros a month.

Three-quarters (56,000) of the 76,000 people who received the pension in full in 2017 received a disability pension on grounds of mental health problems or behavioural disorders.

“The share is higher than for other people receiving disability pension from Kela,” said Reeta Pösö, a statistical analyst at Kela.

The full amount of the national pension this year is 628.85 euros a month.

Kela also revealed that the number of people receiving the national pension in full had decreased for over 30 years in succession before rising in 2017. “The number of people receiving national pensions in full began to grow last year for the first time since 1985,” it stated in a press release in November.

Roughly two-thirds of national pension recipients also received the housing allowance for pensioners and roughly half of them the care allowance for pensioners.

Aleksi Teivainen – HT
Source: Uusi Suomi

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