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About Finnish society & culture. From snow to sauna, from natives to Nokia.
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The Life Account – a new nordic social security model - Reforminstitutet

The Life Account – a new nordic social security model - Reforminstitutet | Finland | Scoop.it

Increasingly countries around the world struggle to provide welfare and social security in world where high unemployment, an aging population and increasing expectations erode public finances. Over the past decades some of the most accomplished economists in the world, such as Josef Stiglitz and Martin Feldstein have identified a method for combining a safety net with a much lower marginal tax wedge. The Finnish think tank Libera has packaged these ideas into a clear and feasible proposal.

Libera’s Life account is a concrete model for transforming the current welfare state to a new version, 2.0. The life account is a form of a personal welfare account, which improves the incentives to work, employ and save. Compared with a conventional tax-transfer system, it reduces social insurance expenditure. The model allows to combine work income and social benefits, leaving the initial need testing to the individual. It reduces the tax wedge and allows for more flexible employment by households and individuals. The life account also encourages individual saving, financial planning and the accumulation of private wealth.

 Read the full report here. http://www.reforminstitutet.se/wp/wp-content/uploads/2013/12/Life-Account.pdf
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One in four Finns receives pension

One in four Finns receives pension | Finland | Scoop.it
Some 1,464,000 people out of the total population of about 5.4 million—which
in practice means nearly every fourth Finn—were receiving pension at the end
of last year, according to figures from the Finnish Centre for Pensions.
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Strong public support for service vouchers

According to a survey commissioned from TNS-Gallup by the Confederation of Finnish Industries EK, 73% of Finns consider it good that municipalities use private sector procurement services for the provision of public services.
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FLASH: HgCapital acquires Finland's leading social care operator, Mainio Vire | 10 June 2011 | Stock Market Wire

FLASH: HgCapital acquires Finland's leading social care operator, Mainio Vire | 10 June 2011 | Stock Market Wire | Finland | Scoop.it
FLASH: HgCapital acquires Finland's leading social care operator, Mainio Vire http://dlvr.it/Vlwg1 stockmarketwire.com...)
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Helsingin Sanomat - International Edition - Is the class society making a comeback?

Helsingin Sanomat - International Edition - Is the class society making a comeback? | Finland | Scoop.it

Class differences may be staging a comeback in a new guise: income disparity, globalisation, and rapid changes in working life increase uncertainty and build fences ever more obviously.

 

”We live in a hit-or-miss society. The security framework that once existed is no more. A Master’s degree no longer guarantees anything. The only message that I have for my students is that coincidence keeps reaping its harvest”, says historian and class researcher Laura Kolbe from the University of Helsinki...

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Constitutional experts worried over public sector privatisation

Constitutional experts worried over public sector privatisation | Finland | Scoop.it
Constitutional experts are worried over the privatisation of public sector functions. Professors interviewed by YLE TV News fear ill considered privatisation could lead to an unbridled dominance by market forces.
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Social spending high on government agenda

Social spending high on government agenda | Finland | Scoop.it
One of the major planks of the new government agenda is the enhancement of basic social services in its bid to reduce inequality, narrow income gaps and slow the resulting marginalisation of vulnerable groups in society...
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