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, 31 December 2023

key figures

Development of VERs investments 2001-2023

key figures

6,4%

VER’s five-year average annual return (1 January 2018 – 31 December 2023)

5.4%

VER’s ten-year average annual return (1 January 2013 – 31 December 2023)

5.4%

VER’s average annual return 1 January 2001 – 31 December 2023

Annual Report 2023

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

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

Defence industry – a new growth sector

2024-04-11 13:25

Seeking returns in private markets

2024-03-14 14:19

22.8

The market value of VER's investment portfolio was EUR 22.8 billion on 31 December 2023.

The State Pension Fund of Finland

The State Pension Fund of Finland

VER's blog

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