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If implemented, the layoffs at Åbo Akademi University would be a wet rag on the face of the university community – they would not bring a long-term solution

The change negotiations at Åbo Akademi University have ended in disagreement. According to the negotiation proposal, the university is considering an organisational reform and the redundancies of approximately 50 people in order to balance the finances in the longer term, as well as laying off the entire staff in order to reduce costs of 2025….

2025 Pension reform

According to the calculations of the Finnish Centre for Pensions, the reform strengthens pension financing. Estimated at the contribution level, the overall reform would reduce the pension contributions under the Employees Pensions Act (TyEL) by, on average, 1.5 percentage points. The equity weight will rise which will increase the pension assets. Pensions will be determined…