TyEL in 2026 – Insights for Employers

The TyEL contribution for our contract employer customers consists of:

• the TyEL base contribution of 24.85%
• the most competitive administration fee in the earnings-related pension sector*, and
• client bonuses and Elo’s own discounts, which may reduce the total contribution.

*The calculation according to which our average administration fee is the most competitive in the earnings-related pension sector is our own estimate of the average TyEL contribution. The estimate is based on the TyEL contribution bases of earnings-related pension insurance companies and data from the Finnish Patent and Registration Office (PRH) on the structure of the Finnish business sector. Read more about the administration fee in 2026.

You can check your company’s TyEL contribution percentage in Elo’s online service for company customers under the TyEL insurance information. You can also read more about how the contribution is formed here Formation of TyEL contributions.

Manage your insurance matters easily in the online service

• The Contribution Estimate Calculator helps with budgeting TyEL contributions. By using it, you will receive an estimate of the total contribution for 2026 and how it is divided between the employer and employees.
• You can see the TyEL contribution percentage for the current year based on earnings reports in the Insurance information section.
• The amount of the client bonus and other contribution components affecting the total TyEL contribution, such as any constancy or scale-based discounts, can also be found in the insurance information section. The customer bonus amount will be available from mid-February onwards.
• You can use the Annual Summary tool to create a summary of contributions paid and wages reported for the previous year. Any errors should be corrected directly in the Incomes Register.
• It is advisable to request payment extension well in advance in the online service to minimise any late-payment costs.
• Keeping customer information up to date is important. Please check that your bank account number is correct in Customer data Management. The account number is needed, for example, to process possible refunds. User management for the online service should also be kept up to date to ensure that the right people in your company have access to the necessary information.

In the online service, you will find everything you need to manage earnings-related pension insurance. In addition, the service offers extensive pension and rehabilitation information to support work ability management.

Employee TyEL contribution rate is now unified

Please note that from 2026 onwards, the TyEL contribution for all employees is 7.30% of salary, regardless of age.

Previously, employees aged 53–62 paid a higher contribution, which accrued pension benefits at a faster rate. In practice, this change means that:

• the contribution for employees aged 53–62 decreases by 1.35 percentage points
• the contribution for other age groups increases by 0.15 percentage points compared to 2025

What is TyEL?

TyEL insurance, or earnings-related pension insurance for employees, is a statutory insurance that an employer must take out when paying wages to an employee. Responsibility for arranging pension coverage always lies with the employer—whether it is a company, organisation, or household. The obligation applies to both contract and temporary employers.

Learn more about TyEL insurance