Annual and Interim Reports

VER’s return on investment 7.6% during 1 Jan–30 June 2026; ten-year average annual return 6.6%

Tue, 18 Aug 2026 13:07:07 GMT

On 30 June 2026, VER’s investment assets totaled EUR 27.3 billion. During the first half of the year, the return on investments at fair values was 7.6 percent. The average nominal rate of return over the past five years (1 July 2021–30 June 2026) was 6.2 percent and the annual ten-year return 6.6 percent. Since 2001, when VER’s activities assumed their current form, the average rate of return has been 5.9 percent.

VER’s return on investments 0.6% during 1 Jan–31 March 2026; ten-year average annual return 6.1%

Wed, 29 Apr 2026 08:59:00 GMT

On 31 March 2026, VER’s investment assets totalled EUR 25.7 billion. During the first quarter, the return on investments at fair values was 0.6 per cent. The average nominal rate of return over the past five years (1 April 2021–31 March 2026) was 5.5 per cent and the annual ten-year return 6.1 per cent. Since 2001, when VER’s activities assumed their current form, the average rate of return has been 5.6 per cent.

ANNUAL REPORT OF THE STATE PENSION FUND OF FINLAND 2025

Thu, 12 Feb 2026 09:43:23 GMT

At fair values, the total return on the investments made by the State Pension Fund of Finland (VER) in 2025 was 9.3 per cent. VER’s average rate of return was 6.5 per cent for the past five years and 5.9 per cent for the past ten years.

VER’s return on investment 5.8% during 1 Jan–30 September 2025; ten-year average annual return 6.0%

Tue, 28 Oct 2025 14:07:42 GMT

On 30 September 2025, VER’s investment assets totalled EUR 25.1 billion. During the first three quarters, the return on investments at fair values was 5.8 per cent. The average nominal rate of return over the past five years (1 October 2020–30 September 2025) was 7.2 per cent and the annual ten-year return 6.0 per cent. Since 2001, when VER’s activities assumed their current form, the average rate of return has been 5.6 per cent.

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

Thu, 21 Aug 2025 11:47:06 GMT

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.

VER’s return on investments 0.6% during 1 Jan–31 March 2025; ten-year average annual return 4.8%

Tue, 29 Apr 2025 12:51:55 GMT

On 31 March 2025, VER’s investment assets totalled EUR 24.2 billion. During the first quarter, the return on investments at fair values was 0.6 per cent. The average nominal rate of return over the past five years (1 April 2020–31 March 2025) was 8.5 per cent and the annual ten-year return 4.8 per cent. Since 2001 when VER’s activities assumed their current form, the average rate of return has been 5.5 per cent.

ANNUAL REPORT OF THE STATE PENSION FUND OF FINLAND 2024

Thu, 13 Feb 2025 12:32:00 GMT

At fair values, the total return on the investments made by the State Pension Fund of Finland (VER) in 2024 was 9.0 per cent. VER’s average rate of return was 5.4 per cent for the past five years and 5.5 per cent for the past ten years. At the end of 2024, the market value of VER’s investment portfolio stood at EUR 24.2 billion.

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

Wed, 30 Oct 2024 12:22:50 GMT

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.

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

Wed, 21 Aug 2024 11:20:55 GMT

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.

VER’s return on investment 3.0% during 1 Jan–31 March 2024; ten-year average annual return 5.5%

Wed, 24 Apr 2024 10:36:00 GMT

On 31 March 2024, VER’s investment assets totalled EUR 23.3 billion. During the first quarter, the return on investments at fair values was 3.0 per cent. The average nominal rate of return over the past five years (1 March 2019–31 March 2024) was 5.7 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 Report 2023

Mon, 19 Feb 2024 12:16:32 GMT

At fair values, the total return on the investments made by the State Pension Fund (VER) in 2023 was 7.7 per cent. VER’s average nominal rate of return was 6.4 per cent for the past five years and 5.4 per cent for the past ten years.At the end of 2023, the market value of the Fund’s investment portfolio stood at EUR 22.8 billion

VER’s return on investment 3.2% during 1 Jan–30 Sept 2023; ten-year average annual return 5.2%

Wed, 25 Oct 2023 14:30:00 GMT

On 30 September 2023, VER’s investment assets totalled EUR 22.0 billion. During the first three quarters, the return on investments at fair values was 3.2 per cent. The average nominal rate of return over the past five years (1 October 2018–30 September 2023) was 4.3 per cent and the annual ten-year return 5.2 per cent.

VER’s return on investment 3.7% during 1 Jan–30 June 2023; ten-year average annual return 5.6%

Wed, 30 Aug 2023 15:11:00 GMT

On 30 June 2023, VER’s investment assets totalled EUR 22.1 billion. During the first half of the year, the return on investments at fair values was 3.7 per cent. The average nominal rate of return over the past five years (1 July 2018–30 June 2023) was 4.7 per cent and the annual ten-year return 5.6 per cent.

VER’s return on investment 2.2% during 1 Jan–31 March 2023; ten-year average annual return 5.2%

Wed, 26 Apr 2023 10:55:00 GMT

On 31 March 2023, VER’s investment assets totalled EUR 21.9 billion. During the first quarter, the return on investments at fair values was 2.2 per cent. The average nominal rate of return over the past five years (1 April 2018–31 March 2023) was 4.7 per cent and the annual ten-year return 5.2 per cent.

Annual Report 2022

Tue, 28 Feb 2023 08:02:02 GMT

At fair values, the total return on the investments made by VER in 2022 was -6.8 per cent. The average nominal rate of return was 4.1 per cent for the past five years and 5.3 per cent for the past ten years. At the end of 2022, the market value of the Fund’s investment portfolio stood at EUR 21.6 billion.

VER’s return on investments -8.7% during 1 Jan–30 Sept 2022; ten-year average annual return 5.3%

Fri, 28 Oct 2022 09:30:18 GMT

On 30 September 2022, VER’s investment assets totalled EUR 21.3 billion. During the first three quarters, the return on investments at fair values was -8.7 per cent. The average nominal rate of return over the past five years (1 October 2017–30 September 2022) was 3.9 per cent and the annual ten-year return 5.3 per cent.

VER’s return on investments -7.3% during 1 Jan–30 June 2022; ten-year average annual return 5.8%

Fri, 26 Aug 2022 10:10:54 GMT

On 30 June 2022, VER’s investment assets totalled EUR 21.6 billion. During the first half of the year, the return on investments at fair values was -7.3 per cent. The average nominal rate of return over the past five years was 4.5 per cent and the annual ten-year return 5.8 per cent.

VER’s returns on investment -3.0% during 1 Jan–31 March 2022; ten-year average annual return 6.3%

Wed, 27 Apr 2022 11:31:00 GMT

On 31 March 2022, VER’s investment assets totalled EUR 22.8 billion. During the first quarter, the return on investments at fair values was -3.0 per cent.

Annual Report 2021

Mon, 28 Feb 2022 11:00:00 GMT

At fair values, the total return on the investments made by VER in 2021 was 14.6 per cent. VER’s average rate of return was 6.9 per cent for the past five years and 7.1 per cent for the past ten years.

VER’s return on investment 10.6% during 1 Jan–30 June 2021; ten-year average annual return 7.2%

Wed, 27 Oct 2021 10:33:00 GMT

On 30 September 2021, VER’s investment assets totalled EUR 22.9 billion. During the first three quarters, the return on investments at fair values was 10.6 per cent. The average nominal rate of return over the past five years (1 October 2016–30 September 2021) was 6.6 per cent and the annual ten-year return 7.2 per cent.

VER’s return on investment 9.3% during 1 Jan–30 June 2021; ten-year average annual return 6.5%

Wed, 25 Aug 2021 13:02:00 GMT

On 30 June 2021, VER’s investment assets totalled EUR 22.7 billion. During the first half of the year, the return on investments at fair values was 9.3 per cent.

VER’s return on investment 5.2% during 1 Jan–31 March 2019; ten-year average annual return 6.0%

Thu, 06 May 2021 12:29:35 GMT

On 30 March 2021, VER’s investment assets totalled EUR 21.9 billion. During the first quarter, the return on investments at fair values was 5.2 per cent. The average nominal rate of return over the past five years (1 April 2016–31 March 2021) was 6.6 per cent and the annual ten-year return 6.0 per cent.

Annual Report 2020

Thu, 25 Feb 2021 11:02:49 GMT

At fair values, the total return on the investments made by the State Pension Fund (VER) in 2020 was 4.0 per cent. VER’s average rate of return was 5.4 per cent for the past five years and 5.5 per cent for the past ten years.

VER’s return on investments -2.5% during 1 Jan–30 Sept 2020; ten-year average annual return 5.1%

Wed, 28 Oct 2020 12:08:42 GMT

On 30 September 2020, VER’s investment assets totalled EUR 19.8 billion. During the first three quarters, the return on investments at fair values was -2.5 per cent. The average nominal rate of return over the past five years (1 October 2015–30 September 2020) was 4.8 per cent and the annual ten-year return 5.1 per cent.

VER returns -5.1% on investments during 1 Jan–30 June 2020; ten-year average annual return 5.2%

Fri, 28 Aug 2020 09:29:31 GMT

On 30 June 2020, VER’s investment assets totalled EUR 19.3 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 2015–30 June 2020) was 3.4 per cent and the annual ten-year return 5.2 per cent.

VER’s return on investments -12.6% during 1 Jan–31 March 2020; ten-year average annual return 4.2%

Mon, 04 May 2020 12:19:20 GMT

On 31 March 2020, VER’s investment assets totalled EUR 17.9 billion. During the first quarter, the return on investments at fair values was -12.6 per cent.

Annual Report 2019

Fri, 28 Feb 2020 09:30:00 GMT

At fair values, the total return on the investments made by the State Pension Fund (VER) in 2019 was 13.8 per cent, the highest in ten years. VER’s average rate of return was 5.6 per cent for the past five years and 6.2 per cent for the past ten years. At the end of 2019, the market value of VER’s investment assets exceeded EUR 20 billion.

VER’s assets reach EUR 20 billion; 10.1% return on investments during 1 January–30 September 2019 and ten-year average return 6.1%

Wed, 23 Oct 2019 07:44:14 GMT

On 30 September 2019, VER’s investment assets totalled EUR 20.0 billion. During the first three quarters, the return on investments at fair values was 10.1 per cent. The average nominal rate of return over the past five years (1 October 2014–30 September 2019) was 5.1 per cent and the annual ten-year return 6.1 per cent.

VER’s return on investment 8.2% during 1 Jan–30 June 2019; ten-year average annual return 6.7%

Fri, 23 Aug 2019 07:39:00 GMT

On 30 June 2019, VER’s investment assets totalled EUR 19.7 billion. During the first half of the year, the return on investments at fair values was 8.2 per cent. The average nominal rate of return over the past five years (1 July 2014–30 June 2019) was 5.1 per cent and the annual ten-year return 6.7 per cent.

VER’s return on investment 6.6% during 1 Jan–31 March 2019; ten-year average annual return 7.4%

Tue, 07 May 2019 08:34:47 GMT

On 31 March 2019, VER’s investment assets totalled EUR 19.5 billion. During the first quarter, the return on investments at fair values was 6.6 per cent. The average nominal rate of return over the past five years (1 April 2013–31 March 2019) was 5.4 per cent and the annual ten-year return 7.4 per cent. Since 2001 when VER’s activities assumed their current form, the average rate of return has been 5.4 per cent.

Annual Report 2018

Wed, 27 Feb 2019 11:32:00 GMT

At fair values, the total return on the investments made by the State Pension Fund of Finland (VER) in 2018 was -3.4 per cent. VER’s average rate of return was 4.4 per cent for the past five years and 6.4 per cent for the past 10 years.

VER’s 1 January–30 September 2018 return 2.0%; five-year annual return 6.0%

Mon, 29 Oct 2018 08:27:00 GMT

On 30 September 2018, VER’s investment assets totalled EUR 19.7 billion. The return on investments at fair values was 2.0 per cent during the first three quarters and 1.5 per cent in the third quarter. Over the past five years, the average nominal rate of return (1 October 2013–30 September 2018) was 6.0 per cent and the annual ten-year return 6.3 per cent. Since 2001 when VER’s activities assumed their current form, the average rate of return has been 5.5 per cent.

VER’s 1 January–30 June 2018 return 0.5%; five-year annual return 6.4%

Mon, 20 Aug 2018 10:47:17 GMT

On 30 June 2018, VER’s investment assets totalled EUR 19.4 billion. In the first half of the year, the return on investments at fair values was 0.5 per cent. The average nominal rate of return over the past five years (1 July 2013–30 June 2018) was 6.4 per cent and the annual ten-year return 5.7 per cent.

VER’s 1 January–31 March 2018 return -1.0%; five-year annual return 5.6%

Fri, 27 Apr 2018 05:05:00 GMT

On 31 March 2018, VER’s investment assets totalled EUR 19.3 billion. During the first quarter, the return on investments at fair values was -1.0 per cent. The average annual nominal rate of return over the past five years (1 April 2013–31 March 2018) was 5.6 per cent and the annual ten-year return 5.4 per cent.

Annual Report of the State Pension Fund for 2017

Tue, 27 Feb 2018 12:56:26 GMT

At fair values, the total return on the investments made by the State Pension Fund (VER) in 2017 was 6.6 per cent. VER’s average rate of return is 6.4 per cent for the past five years and 5.0 per cent for the past ten years.

VER’s 1 January–30 September 2017 return 5.2%; five-year annual return 6.6%

Wed, 25 Oct 2017 09:16:48 GMT

During the first three quarters, the return on investments at fair values was 5.2 per cent. The average nominal rate of return over the past five years was 6.6 per cent and the annual ten-year return 4.7 per cent.

VER’s 1 January–30 June 2017 return 3.7%; five-year annual return 7.2%

Tue, 22 Aug 2017 10:40:00 GMT

In the first half of the year, the return on investments at fair values was 3.7 per cent. The average nominal rate of return over the past five years was 7.2 per cent and the annual ten-year return 4.5 per cent.

Favourable start to the year 2017 for The State Pension Fund of Finland

Thu, 27 Apr 2017 11:49:00 GMT

In the first quarter, the return on investments at fair values was 3.0 per cent. The average nominal rate of return over the past five years was 6.9 per cent and the ten-year return 4.7 per cent.

Annual Report of the State Pension Fund of Finland for 2016

Tue, 28 Feb 2017 09:38:00 GMT

At fair values, the total return on the investments made by the State Pension Fund of Finland (VER) in 2016 was 6.7 per cent. VER’s average rate of return is 7.4 per cent for the past five years and 4.5 per cent for the past 10 years.

Interim report of the State Pension Fund 1 January–31 September 2016

Thu, 27 Oct 2016 07:13:00 GMT

The return on the investments made by the State Pension Fund (VER) reached 4.4 per cent during 1 January–30 September 2016. The return during the third quarter was 3.5 per cent.