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ARTICLE · 27 JANUARY 2017

Expected Labour Law Changes In Finland

The Finnish Centre for Pensions has announced a series of pension reforms.

FinlandEmployment and HR

Discrimination

Requirement to have written equality plan: The Finnish Non-Discrimination Act requires employers with at least 30 employees to implement a written equality plan by January 1, 2017. The plan must describe the measures the business will take to encourage workplace equality. It can be a standalone document, or incorporated into an existing plan.

Action required:

(1) If the employee threshold is met, prepare the plan and implement by January 1, 2017.

(2) Ensure HR and managers are aware of the measures in the prepared plan.

Pensions

Pension reform: The Finnish Centre for Pensions has announced a series of pension reforms. These include:

  • Increasing the minimum retirement age from 63 to 65 (for persons born after 1955) in three-month increments.

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