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Pocket Statistics 1995

Abstract

Pocket Statistics comprises key statistical data on pension provision.

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POCKET STATISTICS 1 995 ,r r{ryt- \ +!t t* *at ! THE CENTRAL PENSION SECURITY INSTITUTE $rl POCKET STATISTICS, 1995 The Central Pension Security lnstitute Statistical facts about Finland CONTENTS: Gross national product, social security expenditure, rate of unemployment Facts about population Population insured for employment pension benefits All beneficiaries Employment pension and national pension indices Priv'ate sector Financing Contracts of employment Employment period and pension percentage of the retired Employment pension expenditure Beneficiaries Disability pension decisions Rehabilitees Abbreviations * Preliminary figure or estimate Page 10 2-4 5 6 6-9 12 -13 13 14 -16 't7 '17 18 10 11 -12 The Central Pension Security lnstilute Address: Opastinsilla 7, FIN-00520 Helsinki, Finland Tel. +358 (0) 1511 The Statistics Department lnquiries: Heidi Nyman, rel. +358 (0) 151 2139 ISSN 1235-748C fhe Central Pension Security lnstitute is the statutory :entral body ol the employment pension scheme. [he administration of the Finnish employmenl pension ;cheme is decentralized, in that private pension com- )anies, instilutions, loundations and lunds implemenl he private-seclor employment pensions acls and lhe )entral Pension Security lnstitute attends to matters lhat lre common to the scheme and ensures that its implenentalion is uniform. [he main lunclions of the Central Pension Security lnstiule are to improve the employment pension scheme, 'egister employment data, give advice on pensions, ;upervise the employers' liabilily to take out insurance or their employees, carry on research and compile ilatistics on pensions, and to disseminate information. l\/e take pride in discharging all our duties obligingly, llliciently and objectively. :mployment pensions service is also rendered by the )mployment pensions instilutions, the insurance ;ompanies and their local ollices, by the local represenalives ol the Farmers' Social lnsurance lnstitution and he local olfices ol the Social lnsurance lnstitution- [he State Treasury Ollice provides data on the pensions )ayable under the State Employees' Pensions Act, the -ocal Government Pensions lnstitulion gives information )n the pensions under the local governmenl pensions ;cheme, the National Ecclesiastical Board inlorms about he pensions payable under the Evangelical-Lutheran )hurch Pensions Act, and the Sailors' Pensions Fund nforms about seamen's pensions. \t the end of 1994, 1.2 million people drew a pension in :inland and total pension expendilure amounted to FIM t2.2 thousand million, lhereby accounting lor 38.5% ol ;ocial security expenditure. The privale-sector beneficirries numbered 931,000 and pension expenditure lmounted to FIM 29.6 thousand million. 2Gross nalional product and socia! expenditure Gross nalional Social sscurity Social sec. Droducl exoenditure exoenditure FiM Chanoe. FIM Chanqe, GNP, o/" million .E million "E 198s 't986 1 987 1988 1989 1990 1991 1992 1993 '1994 * 8.9 7.0 9.0 12.3 '12.1 5.8 - 4.8 - 29 0.8 6.5 85 ,t00 93 300 103 500 112 7@ 123 900 140 0@ 159 400 175 600 182 2@ 1 87 500 14.7 9.2 1 1.0 8.9 10.0 13.0 13.9 '10.2 3.8 2.9 25.8 26.3 26.8 25.9 25.4 27.2 32.5 36.8 37.9 36.6 331 600 355 000 386 900 434 300 487 000 515 400 490 900 476 800 ,l80 5m 511 600 Source: Ministry ol Social Allairs and Health Proportion ol pension expenditure in the gross national product* % 20 15 10 5 1960 1970 1980 1990 2000 2010 2020 203( Source: Commission on social security expendilure, 1994 3 Financing of social expenditute, 1994*, 96 EmThe State Municipalities ployers The Ben+ Tota.l insured liciaries 3s.8 15.4 U.4 12.6 3.9 100.0 Source: Minislry ol Social Allairs and Health Social expenditure by maior items, 1994*, 96 Familv Sickness UnemOld aoe Others AdTotal and and olovment and minisfiildren health disability tration 14.1 22.2 15.4 44.1 1.7 2.6 100.0 Source: Minislry ol Social Allairs and Health Average rate ol unemployment and the number ol unemployed Number ol unemployed Rale ol unemployment, o/" All Males Females Duralion ol unemploymenl weeks 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 129 000 '138 000 130 000 116 000 89 0@ 88 0@ 193 0@ 328 000 4d'400o 456 0@ 5.0 5.4 5.1 4.5 3.5 3.4 7.6 13.1 17.9 18.4 5.5 6.1 5.8 5.'l 3.6 4.O 9.3 15.5 't9.8 19.9 4.6 4.6 4.3 4.0 3.3 2.8 5.7 10.5 15.7 16.7 16 17 18 16 14 12 13 2. 30 rto Source: Ministry ol Labour, Statislics Finland 4Overall pension erpenditure and unemployment expenditure Overall pension expenditure * Share of FIM social sec. million expendilure, 7" Unemploymenl expenditure 1) Share ol FIM social sec. million expenditure,96 1985 1986 1987 1988 1989 1990 1991 1992 't993 1994 56 900 627@ 67 610 70 030 72 2N 42.3 42.7 42.1 41.8 41.6 40.6 39.3 38.5 38.4 38.5 5 760 6 318 67rc 6 738 6 572 7 101 13 4A 22 735 27 962 28 800* 6.7 6.8 6.5 6.0 5.3 5.1 8.4 12.9 15.3 15.4 36 100 39 800 4i! 600 471@ 51 600 'l) Source: Ministry ol Social Allairs and Health Total pension expendituie, 1 994 * FIM 72.2 trousand million Nalional pensions FIM 18.6 thousand Mio Privale-seclor oensions Fru zg.o lhousand Mio Other pensions FlM2.4 lhousand Mio TEL LEL YEL MYEL TaEL MEL SPVEL LUKL Local govqrnlnent Stale oensions pensions FIM 7.4 FIM 1i.4 lhousand Mio lhousand Mio 5 Forecasls for population changes and population Binhs Deaths Net Pooulation Poouhtion mioration inctease 31:12. - %1) 1995 20@ 2010 n& 2030 62 6@ 58 6@ 57't00 56 400 52 6m 49 100 51 2@ 55 000 63 9@ 73 600 2 000 20@ 2 000 20@ 20m 3.1 1.8 0.8 - 1.0 - 3.7 5't141@ 5 172 1@ 5 233 100 522250o 5 095 2@ 1) in permille ol lhe average population Ub e:qectancy, 1993, yearc Age 015%'t56580 i/hles Females 72.1 79_5 57.7 64.9 29.8 35.8 48.1 55.1 14.0 17.9 6.1 7.4 Population aged 15-64 by activity, 1994, % Others Pensioners etc. Engaged domestic tn work Sludenls Unemployed Source: Slalistics Finland Gainlullv employ6d 6Population insured lor employment pension benefits, 1 99tl * VEL & KiEL KVTEL TEL TaEL & MEL MYEL YEL Breakdown by age of lotal population and beneliciaries at year-end 1 994 lvlales Age Females LEL 11 % 19% 977 200 903 @@ -4 200 150 100 50 0 0 50 100 150 200 I Beneliciaries l---l Rest ol populalion 1000 persons 7 All beneficiaries by pension typ- -i l,ear-end, 1994 Number Percenlage Males Females Old-age pension - early old-age pension Disabilig pension - early disability pension Unemployment pension Part{ime pension Front-veterans' pensions Change-of-generation pen. Farm-closure pension and farm-closure compensation Survivor's pension Child's pension All beneficiaries 1 789 400 38 100 310 600 ffi4m 43 000 45m 43 13 400 33 400 225 0@ 29 600 21 t 000 38 62 u66 53 47 48 52 48 52 45 55 21 79 4A 60 47 6 49 41 53 94 51 59 One and the same person may receive several types of pensron al the same lrme All beneficiaries by share ol population 1) Ail 2) Number 64 Aged 55 Number Population share, 7o Population share, % 1984 1986 1 988 1990 1992 1994 096 500 117 500 147 46 25.0 26.3 27.1 27.6 27.8 28.3 48.3 54.8 57.0 57.5 57.0 57.3 247 6@ 2820@ 293 900 294 0m 291 300 296 500 971 t00 027 7@ 067 000 1) Survivoas and child's pensions are nol included 2) Pensioners over 16 14 Private.sector pensionel1s by Pension tyPe 1 000 persons 900 800 700 600 500 400 300 200 100 Ohers 1) Unemployment pension Earlydisability penslon Disability penslon Earlyold-age pensron Oldqge pensron 1985 86 87 88 89 90 91 92 99 94 'l) Parltime. lronl-vsleran's early retirement, chanqe-ol- ' generalioh_and larm-closure pension and larm-closure @mpensatron Private-sector ponsionerc by pension act at year-end,1994 All Und€r65 Medianags TEL LEL YEL MYEL, SPVEL LUKL, LUEL MEL TaEL AI 457 0@ 1't0 700 59 9@ 205 9@ 4 300 400 838 200 181 '100 49 5@ 19 9@ 49 6@ 31m m 303 700 67,0 66,1 68,3 70,8 60,0 63,3 67,9 15 Average overall pension of old-age, disability or unemployment pensioners in the privatesector Fl[,y at Year'end, 1994 month 7 000 6 000 5 000 4 000 3 000 2 000 1 000 AII TEL LEL YEL MYEL TaEL MEL r Privare T-1 Public @itst National seclor* sector* pension Population having retired on a pension for the first 1 000 persons 70 60 50 40 30 20 10 private-sectol time Age group 6560-64 5559 -54 1985 86 87 88 89 90 91 92 93 94 See top ol column lor median age ol those having r€ttired in a year. 16 Population having retired on a Private-sectol pension for the first time, by pension type 1 000 persons 70 60 50 40 30 20 10 Earlydisability pensron Disability penston Early old-age pensron Old-ege penslon Others 1) Unemployment pensron Other diseases Menlal disorders Musculoscelelal diseases Diseases ol the circulalory syslem 1985 86 87 88 89 90 91 92 93 94 1) Part-time. front-veleran's earlv retiremenl, chang€-ol- ' generalioh and larm-closure pension and larm-closure compensalron New disabitity pension awards in the private sector by cause of disabilitY 1 000 pensions 30 25 20 15 't0 5 1985 86 87 88 89 90 91 92 93 94 17 E" 50 40 30 20 10 Refusal rates of the new disability pension decisions in the private sector 1985 86 A7 88 89 g0 9l lvlales s2 93 94 Females -g- -xDisabilily pension Early disability pension Rehabilitees of the private sector, 1994 Medical Total rehabilitation No. Service No. Service No. Service outlays outlays outlays FIM Mio FIM Mio Fltvt Mio _IVocational rehabilitation 542 183 725 0.17 0.04 0.21 551 185 7% 5.54 1.17 6.71 Rehabitiances Fltvl tvlio 11.26 2.96 14.22 lalion allow5.37 N 1.14 4 6.5t 24 OTHER STATIST]CS OF THE CENTRAL PENSION SECURITY INSTITUTE Available in Finnish only: Statistical yearbook ol the employment pension scheme, parts !and ll Regional statistics of the employment pension scheme in the private sector Statistics ol the employment pension expendilure by region Quarterly statistics Monthly statistics Statistical yearbook of pensioners in Finland by municipality (published in co-operation with the Social lnsurance lnstitution) Available in English and Swedish: Statistical yearbook of pensioners in Finland (published in co-operation with the Social lnsurance lnstitution) ABBREVIATIONS TEL The Employees'Pensions act LEL The Temporary Employees' Pensions Acl YEL The Self-Employed Persons' Pensions Acl MYEL The Farmers' Pensions Acl TaEL The Freelance Employees' Pensions Act MEL The Seamen's Pensions Acl SPVEL The Change-ol-Generation Pensions Acl LUEL The Farm-Closure Pensions Act LUKL The Farm-Closure Compensalion Acl VEL The State Employees' Pensions Acl KVTEL The Local Governmenl Employees' Pensions Act KiEL The Evangelical-Lulheran Church Pensions Act Painatuskeskus 1995 Cover: Hannu Nykinen