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New, Higher Age Limit for Part-Time Pensions

The age limit for part-time pensions is rising to 60 years from the current 58.

Image: AP Graphics Bank

Officials say the change stems from the need for Finns need to lengthen their working years to offset the cost of an ageing population.

The change affects people born in 1953 and later.

Persons older than this will continue to be covered by the old rules governing pension calculation.

Parliament’s Social Affairs and Health Committee approved a government report on the matter on Tuesday.

Sources: YLE