The State Pension Fund of Finland

The State Pension Fund prepares for future pension expenditure by investing its assets professionally and responsibly.

The State Pension Fund of Finland

The State Pension Fund of Finland (VER) was established in 1990 to balance state pension expenditure. VER invests pension assets and helps the state to prepare for financing future pensions. VER is a long-term investor characterised by a high standard of professionalism and an ethical code of conduct. VER operates as part of the prefunded Finnish pension system.

VERs portfolio allocation, 30 June 2024 - pylväs

key figures

Development of VERs investments 2001-H1/2024 (MEUR)

key figures

5.8%

VER’s five-year average annual return (1 July 2019 – 30 June 2024)

5.4%

VER’s ten-year average annual return (1 July 2014 – 30 June 2024)

5.5%

VER’s average annual return 1 January 2001 – 30 June 2024

VER’s return on investment 5.1% during 1 Jan–30 June 2024; ten-year average return 5.4%

On 30 June 2024, VER’s investment assets totalled EUR 23.6 billion. During the first half of the year, the return on investments at fair values was 5.1 per cent. The average nominal rate of return over the past five years (1 July 2019–30 June 2024) was 5.8 per cent and the annual ten-year return 5.4 per cent. Since 2001 when VER’s activities assumed their current form, the average rate of return has been 5.5 per cent.

Annual Reports

key figures

Return on investments of the State Pension Fund of Finland 7.7% in 2023; ten-year average return 5.4%

2024-02-16 12:21

Return on investments of the State Pension Fund of Finland -6.8% in 2022; ten-year average return 5.3%

2023-02-28 10:10

Timo Löyttyniemi receives the Pension Fund Leader award

2022-12-02 14:44

The return on investments of the State Pension Fund of Finland was 14.6% in 2021 and ten-year average return 7.1%

2022-02-28 13:34

The market value weighted return on the investments by the State Pension Fund of Finland (VER) reached 14.6 per cent in 2021 (4.0 per cent in 2020). The real rate of return was 10.8 per cent (3.8 per cent).

VER's blog

Growth

2024-10-25 10:56

Draghi’s vision for Europe

2024-10-10 13:15

23.6

The market value of VER's investment portfolio was EUR 23.6 billion on 30 June 2024.

The State Pension Fund of Finland

The State Pension Fund of Finland

VER's blog

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