The employer must arrange private earnings-related pension insurance for every employee over 17 years of age, and must pay the associated pension contribution for all hours worked. A pension contribution is also deducted from the employee’s earnings at source.
In September 2014, the Finnish central labour market organisations and the state agreed on an extensive pension reform. It came into effect as of the beginning of 2017.
Read more about the pension reform in Finland at Eläkeuudistus.fi.