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 2026

key figures

Development of VERs investments 2001–Q32026 (MEUR)

key figures

7.8%

VER's return on investment 1 January 2026–30 September 2026

6.0%

VER’s five-year average annual return (1 October 2021 – 30 Sptember 2026)

6.3%

VER’s ten-year average annual return (1 October 2016 – 30 September 2026)

5.8%

VER’s average annual return 1 January 2001 – 30 September 2026

VER’s return on investments 7.8% during 1 January–30 September 2026; ten-year average annual return 6.3%

On 30 September 2026, VER’s investment assets totaled EUR 27.1 billion. During the first three quarters, the return on investments at fair values was 7.8 percent. The average nominal rate of return over the past five years (1 October 2021–30 September 2026) was 6.0 percent and the annual ten-year return 6.3 percent. Since 2001, when VER’s activities assumed their current form, the average rate of return has been 5.8 percent.

Annual Reports