As of 1996, the pensions of persons who have turned 65 have been adjusted according to the pensioner’s index. The index was renamed at the beginning of 2005 to the earnings-related pension index. The table compares the change in the earnings-related pension index in 1995–2017 to the development of certain other indices:

	Nominal increase, %	Real-term increase, %
Earnings-level index	93.2	39.4
Index of negotiated wages	58.7	14.5
Earnings-related pension index	48.0	6.8
Full national pension	48.0	6.8
Consumer price index	38.6	–

The earnings-related pension index has risen nominally by 48.0 per cent and in real terms by 6.8 per cent  during the reference period.

Thus, the real value of a pension adjusted with the earnings-related pension index has increased, while its relative purchasing power in relation to that of wage-earners has decreased. If the pension in 1995 corresponded to 60 per cent of the average income for wage earners, the proportion was 46.0 per cent in 2017.