Thousands of Finnish workers are turning to partial early retirement options to boost their incomes. The number of people receiving partial early pensions has doubled in just three years. By the end of September, nearly 70,000 people were receiving these benefits compared to just over 30,000 three years ago.
Last year alone saw 31,000 people begin taking partial early pensions. This pension option allows people to work while receiving partial retirement benefits once they reach age 61.
Jari Kannisto, a statistics expert and development manager at the Finnish Centre for Pensions, explained the trend. He said many people need extra money right now. The partial pension provides quick and easy access to additional income without requiring people to stop working completely.
Why are so many choosing this option now? Finland's aging population faces increasing financial pressures. The partial pension system offers flexibility that full retirement doesn't provide. Workers can supplement their earnings while gradually transitioning into retirement.
This approach reflects changing attitudes toward work and retirement across Nordic countries. Many older workers want to reduce their hours rather than stop working entirely. The Finnish system accommodates this preference while addressing immediate financial needs.