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 September 2024 - pylväs.png

key figures

Development of VERs investments 2001–Q3 2024 (MEUR).png

key figures

5.9%

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

5.5%

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

5.5%

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

VER’s return on investment 7.8% during 1 Jan–30 Sept 2024; ten-year average annual return 5.5%

On 30 September 2024, VER’s investment assets totalled EUR 24.1 billion. During the first three quarters, the return on investments at fair values was 7.8 per cent. The average nominal rate of return over the past five years (1 October 2019–30 September 2024) was 5.9 per cent and the annual ten-year return 5.5 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

24.1

The market value of VER's investment portfolio was EUR 24.1 billion on 30 September 2024.

The State Pension Fund of Finland

The State Pension Fund of Finland

VER's blog

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