News

You can now find the pension payment dates in 2024 on our website.

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 5.7 per cent in comparison to 2023. The new pension index is 3037. All currently paid earnings-related pensions are adjusted according to this index.

The Finnish Centre for Pensions estimates that the 2024 earnings-related pension index will grow slightly more than the wage coefficient. As a result, a person who retires on an earnings-related pension before the end of 2023 may receive a slightly higher index increment than a person who retires after the turn of the year. A person who considers claiming a pension should also note the impact of continued work, taxation and Kela benefits on their pension amount.

Maritime safety award 2023 given to Master Mariner Matti Aaltonen. Aaltonen has had a distinguished career in official duties that promote maritime safety.

Financial support is needed – has the original objective of youth sailing been forgotten by today's maritime cluster? The COVID-19 pandemic brought hard times for the Sail Training Association of Finland as it was not possible to use the ships at all. Vahine may have to be sold to ease the burden of debt. Also, finding sponsors for youth work does not seem to be very easy in today's world. Many thanks to the Seafarers’ Pension Fund for recently joining the active sponsors. The Finnish seafaring and maritime industry are currently suffering from an extreme shortage of personnel. They were the original founders of the Sail Training Association of Finland (STAF), which has been operating successfully for 50 years. Back then, they were willing to invest in these types of activities and were specifically motivated by the idea of recruiting young people. Today, none of the companies within the seafaring or maritime industry seem to be prepared to actively support this significant recruitment channel. Would now be a good time to reconsider the power of maritime youth work? Even the Finnish Navy trains its cadets nowadays on foreign sailing ships.

The Seafarers’ Pension Fund has decided to grant the 2023 Ove Ericsson Award to Godby Shipping / Trailer Link as a recognition of the company's goal-oriented and successful work for the promotion of health and well-being at work of the seafarers working aboard their ships.

Do discrimination and unfair treatment occur aboard Finnish merchant ships? If they do, what form do they take and how should they be handled? This survey on this issue is being conducted as part of the thesis for Captain-to-be Jussi Nieminen, who is studying at the South-Eastern Finland University of Applied Sciences (Xamk). The survey will be sponsored by the Seafarers’ Pension Fund and will focus on active seafarers in the Fund’s register.

The Seafarers' Pension Funds' pensions advice and processing of applications is on vacation between 17th and 28th of July 2023.

The Corporate Responsibility Report 2022 of Seafarers' Pension Fund is published.

The successful long-term investment strategy of the Seafarers’ Pension Fund has led to a situation in which its 5-year real return was the highest among the 12 pension insurance investors included in the study conducted by the Finnish Centre for Pensions (ETK)

The Annual Report 2022 is published. The 66. operational year of the Seafarers' Pension Fund was a good one.

The age of retirement increased by four months to the age of 60 during 2022. Musculoskeletal diseases are traditionally the most common reason for disability, but disturbances of mental health increased to nearly the same level. The return on investments was -1.7%. The MSCI ESG rating is 8.2/10 (8.2) with an ESG rating of AA (AA). The carbon footprint of the portfolio has significantly decreased over the past three years. The Seafarers’ Pension Fund is one of Finland’s largest forest owners. The annual report for 2022 will be published on 3 April 2023.

The Ministry of Social Affairs and Health has confirmed the earnings-related pension index rates for 2023. The earnings-related pension index will increase by approximately 6.8 per cent in comparison to 2022. The new pension index is 2874. All currently paid earnings-related pensions are adjusted according to this index.

The Seafarers' Pension Funds' pensions advice and processing of applications is on vacation between 18th and 29th of July 2022.

The theme of responsibility is applicable to all activities of the Seafarers’ Pension Fund. It refers to responsibility for people who, in our case, include seafarers and pension recipients as well as the personnel and tenants of the Fund. It also refers to responsibility for the environment and society.

The Annual Report 2021 is published. Our operating environment remained challenging along with the continued impact of the coronavirud (COVID-19) pandemic on both our customers and our own activities. Our overall return on investments was historically high at 16.2 %. The best return on investments was gained from equity investments. The solvency ratio was 194.4 %. We are confident about the future.

The Seafarers’ Pension Fund has upgraded its Loki online service (available only in Finnish and Swedish) intended for seafarers. As before, personal online Finnish banking codes are used for logging in to the Loki service. Take an eco-action and change over to using e-services to handle your matters!