US EditionGovernment Reaches Agreement on Entrepreneurs' Pensions - Would Reduce Contributions for Low-Income Earners
5 Articles
5 Articles
According to Yle, entrepreneurs would have more freedom in determining their pension contributions under the reform. The final decision will be made in the framework meeting.
Entrepreneurs will have the opportunity to determine their pension contributions based on their actual earned income. Those with low incomes will benefit, while contributions for those with high incomes will increase.
The government plans to give entrepreneurs the opportunity to determine their pension contributions based on their actual earned income, the newspaper reports.
The government has reached a preliminary agreement to reform the pension system for entrepreneurs, reports Helsingin Sanomat.
According to Finance Minister Riikka Purra (PS), however, everything still depends on the rest of the government's budget negotiations, which begin on Tuesday.
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