PENSION SYSTEMS IN EUROPE - FINLAND

The article presents an insight into the old-age pension system in Finland. The introduction is followed by four topic paragraphs: 1. general information about the country, 2. evolution of its pension system, 3. the present situation, and 4. challenges and foreseen changes. There, the author's goal was to present both past and present solutions employed by the Finnish pension system, in search for ideas worth consideration in international comparisons. In the summary, the author highlights as a particular Finnish approach, against the background of other countries, the existence of special credit cards for old-age pensioners.