Current pensioners have only paid some of their pensions, show calculations

PENSIONERS in Finland have only paid for some of their pensions, reveal calculations made for Helsingin Sanomat by the Finnish Centre for Pensions (ETK).

For example, pensioners born in 1940 are receiving an average of 5.22 euros and pensioners born in 1950 an average of 3.15 euros for every euro they paid in pension contributions during their career, the newspaper reported last Wednesday.