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The Seafarers' Pension Fund in figures

​The seafarers' pension scheme presented in figures. The figures are for year 2016.

​2016
Insured seafarers7360
​Person/work-year performed5250
​Salaries received​258,1 million euro
​Personal MEL-payments​16,8 million euro
Seafarers receiving pension​8479
​Pensions received​141,9 million euro
​Average pension per recipient​1.560 euro/month
​Average retirement age​59 years 2 months
Seafarers' pension Fund activities
​New pensions awarded​807
​Applications rejected​90
​Vocational rehabilitation awarded​171
​Pension Fund staff​​21
Financial standing
Income
​Income from insurance contributions​58.8 million euro
​Invesment income​36.3 million euro
​Expenses
​Pensions and benefits

​154.5 million euro

​State contribution of pension expenditure​-56.6 million euro
​Total operating expenses​6.7 million euro
​Solvency
​Investments, market value​1061.3 million euro
​Solvency margin,​395.6 million euro
​shown as a percentage of tecknical provisions​58.8 %

 

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