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The Seafarers' Pension Fund in figures

​The seafarers' pension scheme presented in figures. The figures are for year 2017.

​2017
Insured seafarers7350
​Person/work-year performed5212
​Salaries received​259 million euro
​Personal MEL-payments​16,9 million euro
Seafarers receiving pension​8302
​Pensions received​156,8 million euro
​Average pension per recipient​1.570 euro/month
​Average retirement age​59 years 7 months
Seafarers' pension Fund activities
​New pensions awarded​846
​Applications rejected81​
​Vocational rehabilitation awarded​142
​Pension Fund staff​​21
Financial standing
Income
​Income from insurance contributions​56.8 million euro
​Investment income​62.8 million euro
​Expenses
​Pensions and benefits

​156.8 million euro

​State contribution of pension expenditure​-57.0 million euro
​Total operating expenses​6.6 million euro
​Solvency
​Investments, market value​1128.8 million euro
​Solvency capital​2.87
​Solvency ratio​​166.2 %

 

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