Pension contributions

Basic TyEL contribution for contract employers (includes the employee’s share of the contribution)

The employer pension contribution under TyEL is 25.10% of the payroll amount.

The insurance contribution is reduced by a possible client bonus and group discount. Furthermore, if the employer’s payroll for 2015 has been a minimum of 2,044,500 euro, the final insurance premium is affected by the premium category for the disability contribution and the premium loss discount.

Employee share of the TyEL contribution
(% of salary or wages)

  • 6.15% of the salary or wages for employees aged between 17–52 years.
  • 7.65% of the salary or wages for employees aged between 53–62 years.
  • 6.15% of the salary or wages for employees who have turned 63.

TyEL contribution of occasional employers
(includes the employee’s share of the contribution)
25.10% of the payroll

Further information about social insurance contributions (PDF) >