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.

key figures

Development of VERs investments 2001–H1 2025 (MEUR)

key figures

7.1%

VER’s five-year average annual return (1 July 2020 – 30 June 2025)

5.2%

VER’s ten-year average annual return (1 July 2015 – 30 June 2025)

5.5%

VER’s average annual return 1 January 2001 – 30 June 2025

VER’s return on investment 2.5% during 1 Jan–30 June 2025; ten-year average annual return 5.2%

On 30 June 2024, VER’s investment assets totalled EUR 24.5 billion. During the first half of the year, the return on investments at fair values was 2.5 per cent. The average nominal rate of return over the past five years (1 July 2020–30 June 2025) was 7.1 per cent and the annual ten-year return 5.2 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