pension ceiling
The pension ceiling refers to an upper limit set in euros for an earnings-related pension.
There is no pension ceiling for Finnish earnings-related pensions; the pension is based on all wages according to the same principles for all.
In many countries, a pension ceiling has been implemented by setting a pensionable wage cap based on earnings from work, that is, a wage threshold above which no pension accrues.
- Suomeksi: eläkekatto
- På svenska: pensionstak
- In English: pension ceiling