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Brochures on contributions
TyEL insurance contributions
The amount of the TyEL insurance contribution will continue to be determined by the percentage confirmed annually by the Ministry of Social Affairs and Health.
- All contribution payments will be up to date and, therefore, there will no longer be a need to calculate a final contribution at the end of the year.
- You will continue to receive Elo’s client bonuses once per year and they will be taken into account in your future contribution payments.
- Any possible impact of the premium category and premium loss discount will be taken into account in the calculation of the contribution.
Insurance contribution interest rate
If, for example, the report was submitted late to the Incomes Register and the invoice, for this reason, falls due after the last interest-free due date, the TyEL contribution will be increased by the contribution interest rate.
The insurance contribution interest rate for 2021 is 2.0%.