File Photo – Lehtikuva.
Pensioners' financial position is going to be considerably weakened in Finland from 2016-2019, reported Finnish language Lännen Media.
According to recent calculation, Kela benefits account for 85 percent of the income in pensioner households.
The freezing of the National Pensions Index will cut benefits in real terms by 5.3 percent by 2019. Pensioner stations with respect to wage and salary earners will deteriorate.
The ruling parties’ politicians claim that the guaranteed pension levels will increase the position of low-income pensioners, but according to Lännen Media, this is not the case.
Kela's research director, professor Olli Kangas said that guaranteed pension withdrawals should have been higher, as low income pensioners' benefits were cut deeply.
According to Kangas, Finnish society has moved into a new era, a clear example of which is the deterioration of pensioners' stations in life.
