News

In 2025, a total of 7,516 persons were insured under the Seafarers’ Pension Fund, and the payroll exceeded EUR 305 million. The number of pension recipients was 7,424. According to the unaudited financial statements, the return on investments in 2025 was 6.2 per cent, and the market value of investments amounted to EUR 1,479 million.

If you are unable to log in to the Loki service, please contact our customer service. We can send the letter to you by post if needed.

Due to a technical error, the amount of pension after tax shown in the 2026 pension letters sent via the Logg service has been calculated using a 40% tax rate. The error concerns only the withholding tax amount displayed in the letter and does not affect the actual amount of the pension or its payment.

The Seafarers’ Pension Fund (MEK) has sold its entire residential portfolio to Premico Asuntosalkku 4 Ky, an investment vehicle established together with Premico. The transaction comprises a total of 463 apartments across eight residential properties located in Helsinki, Turku and Mariehamn.

As the holiday season approaches, we want to contribute to a better future for the Baltic Sea.

The pension insurance contribution for seafarers, i.e. employees, is determined in accordance with the Employees Pensions Act (TyEL). The SjPL pension insurance contribution paid by the employer shipping company is based on an actuarial analysis conducted by the Seafarer’s Pension Fund and confirmed by the Ministry of Social Affairs and Health (MSAH).

Rauma Maritime Network Day brings together maritime industry and shipping stakeholders under the theme Arctic Expertise. Our pension specialists will be on-site to answer any questions you may have about pensions or the seafarers' pension system in general.

The Ministry of Social Affairs and Health has confirmed the earnings-related pension index figures for 2026. The earnings-related pension index will increase by approximately 0.88 per cent compared to 2025. The new index figure is 3104.

Summer 2025 offers a wide range of maritime-themed events across Finland and Europe.

The Seafarer's Pension Fund pension advisory services will be on summer holiday from 21 July to 3 August.

In 2024, in line with our strategy, we focused on developing customer orientation and responsibility.

In 2024, the number of insured persons increased to 7,568 (7,226), and the total payroll rose by 8.8 percent, exceeding 300 million euros. Newly reflagged vessels under the Finnish flag contributed to increased travel activity, leading to the share of passenger shipping rising to 53.9 percent of the total payroll.

You can now receive the Seafarers' Pension Fund pensioner card in electronic format.

Wishing our customers and partners a delightful holiday season!

The employee's pension contribution is as high as the employee's pension contribution in conformance with the Employee's Pensions Act (TyEL). The Ministry of Social Affairs and Health ratifies yearly the percentage of employer's pension contribution. The Ministry of Social Affairs and Health ratifies yearly the percentage of employer's pension contribution.

Housing company Bostads Ab Skonerten, located on Doppingvägen in Mariehamn, has sold the property destroyed in July 2024 along with the associated land plot on December 2, 2024, to the Åland-based construction company Allbygg Ab.

The Fair Shipping Culture Pilot Project is launched by the Seafarers’ Pension Fund and Finnish Shipowners’ Association, with CoHumans Oy as the expert. Take the survey – and be part of strengthening fairness in maritime workplaces!

The Ministry of Social Affairs and Health has confirmed the earnings-related pension index rates for 2024. The earnings-related pension index will increase by approximately 1,3 per cent in comparison to 2024. The new pension index is 3077. All currently paid or latest 1.12.2024 starting earnings-related pensions are adjusted according to this index.