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Information about TyEL insurance

When you hire an employee into an employment relationship, you are required to take TyEL insurance in order to ensure the pension security of that employee. Take the insurance no later than the end of the month following the employee's first salary payment month.

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Insurable employment relationships

An employee must be insured under TyEL insurance if the employee:

  • is employed within a contractual employment relationship,
  • is between the ages of 17–68, and
  • earns at least 60.57 euro per month

Read more about TyEL insurance >

Take TyEL-insurance
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Would you like us to contact you?

Do you have questions about YEL or TyEL matters? Are you wondering when you should take insurance and what you should know about it? Let us help! Submit your contact information and let us know the best time to contact you.

Would you like to receive your invoices electronically?

The payment of insurance contributions is effortless using our electronic invoicing service. It enables you to receive your insurance invoices directly to your company’s invoice processing system or online banking service.

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Are you an occasional employer?

If you hire employees for a short period or you only pay wages occasionally, you can opt to manage your obligation to insure under TyEL by using the service provided for occasional employers. You can submit your payroll notification through Elo’s Palkka-apuri service.
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Retirement of an employee

When your employee is approaching retirement, make sure to come to an agreement, well in advance, on the date for the termination of the employment relationship and the initiation of pension.

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Insurance terms and brochures

content imageTyEL insurance terms and conditions
content imageTyEL Insurance Product Card
content imageTyEL Insurance Employer’s Guide
content imageTyEL Contribution Guide for Large-scale Employers

Elo is here to help and support you

Elo's Online Service is always available for you to use whenever it's most convenient for you. For TyEL and YEL insurance matters, please call us at +358 (0)20 694 730 (weekdays 8 a.m.-4:30 p.m)