Employer
Obligation to insure in accordance with TyEL
The employer’s TyEL insurance accrues pension for the employee and provides, for example, disability and old-age security.
The employer shall insure an 18–67-year-old employee whose monthly earnings amount to at least 51.57 euro in 2010.
TyEL contributions in 2010
- Payroll of less than 1,686,000 euro in 2008 > Contribution 21.8%
- Payroll between 1,686,000–26,976,000 euro in 2008 > Contribution 21.8–22.4%
- Payroll of more than 26,976,000 euro in 2008 > Contribution of 22.4%
The contribution fluctuates in accordance with the payroll. Contributions excluding bonuses, group and payment loss discounts and premium category effect, and disability pension adjustment instalments. The temporary discount has been taken into account.
Further information
- TyEL insuring in 2010 (pdf)
- Pension insurance 2010 for self-employed persons and employers (pdf)
- The Central Pension Security Institute's web site.
- Individual and general information about the pension, www.tyoelake.fi
For more information please contact our customer service:
insurance
service (TyEL, the Employees Pensions Act ) +358 10 503 7582 or efasiakas@fennia.fi.