Guidelines for employers

TyEL in 2026

The Ministry of Social Affairs and Health confirmed the basis for the 2026 pension insurance contribution in November 2025.

The pension insurance contribution for contract employers is customer-specific and consists of several parts. The TyEL basic contribution is 24,85 percent, to which an administrative fee is added. Possible discounts from Elo reduce the administrative fee. Additionally, the final TyEL contribution is reduced by any potential client bonus.

The TyEL contribution rate for 2026 will be visible in the online service by mid-January of the current year. For large employers, the contribution rate may vary throughout the year due to the impact of the payment category. You can also see the final TyEL insurance contribution and rate for the entire year in the online service once the last earnings report of the year has been submitted.

In the online service, you can also use the payment estimate, which provides an estimate of the entire year's TyEL contributions and their components.

Do you need a certificate of insurance?

With a TyEL payment certificate, you can demonstrate that your Contract Employer TyEL insurance is valid and the insurance payments are in order.

You may need the certificate, for example, as an attachment to a proposal to show that you have insured your employees with TyEL insurance.

Changes in business operations

Changes in business operations for contract employers, such as changes in ownership or company form, can affect TyEL insurance. In all change situations, it is advisable to contact Elo. Most changes can be reported through the online service for corporate clients, but if necessary, contact Elo's experts.

Read guidelines for change situations

Employee retirement

It's beneficial to have open discussions about retirement at the workplace to avoid situations where key personnel unexpectedly transition to enjoying their retirement days. Employees always apply for retirement themselves, but there are also tasks related to an employee's retirement for the employer.

The amount of the pension is based on the information in the pension record. It's advisable for employees to check their pension record annually online to stay updated on the development of their pension security.

Frequently asked questions about the Income’s register

Report all wages and other earnings paid to employees to the Income’s register after each payroll. Elo receives the necessary information from the income register for calculating the TyEL insurance contribution and employees' pensions.

As a general rule, companies must submit the income register report within five days of the payroll date.

Read frequently asked questions about the Income’s register

Insurance for work abroad

Is your employee going to work abroad? Are you hiring an employee from abroad to work in Finland? As an employer, you must ensure your employee's pension security, regardless of whether they work in Finland or abroad.

Insurance for work abroad is regulated by both Finnish and the host country's legislation, EU regulations, and social security agreements Finland has made. The country in which the employee's pension and other social security are arranged depends on factors such as the host country and the duration of employment.

Explore detailed instructions

Communication with Elo

We have refined the management of insurance and pension matters to be as clear and effortless as possible for you, so you can focus on the daily operations of your own business.

There are several ways to interact with us. Most matters can be handled through our online service, also for security reasons. You can also call Elo during service hours. In the Contact Us section, we ask you to first select what your matter concerns. You will then receive a recommendation for the best way to handle your issue.

Explore our communication methods in detail

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