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Finns expect their pension benefits to deteriorate


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According to the Finnish Broadcasting Company YLE, three in five Finns believe that their upcoming pension benefits will deteriorate sharply from today’s level of pensions.
     
The information is based on a recent survey commissioned by YLE and conducted by the Finnish market research company Taloustutkimus.
      Particularly the respondents between the ages of 25 and 49 expressed pessimism over the upcoming pensions. However, the supporters of the Centre Party are expecting more often than the other respondents that the level of their pensions will improve from the present situation.
     
Nearly half of respondents said that they did not intend to retire sooner than at the age of 63 or older.
      At present, the average age of retirement in Finland is just below 60 years.
      At the same time, respondents between the ages of 15 to 34 said more often than the others that they planned to work until they are 65.
      According to the survey, Finns in general think that they should postpone their own retirement age.


Previously in HS International Edition:
  Pension changes set to lead to longer working careers (24.11.2009)
  Government to ask for OECD assessment on proposals for retirement reform (2.2.2010)
  Disagreement over raising retirement age threatens to delay Rantala working group (1.2.2010)
  Average retirement age has increased in Finland (28.1.2010)

Helsingin Sanomat


  8.2.2010 - TODAY
 Finns expect their pension benefits to deteriorate

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