Are you a contract employer or an occasional employer?
You can ensure the pension security for your employee(s) either by taking the TyEL insurance for contract employers or by making notifications as an occasional employer.
Take the TyEL insurance for contract employers if
- the employment relationship of at least one employee is permanent,
- you pay salaries/wages regularly, or
- the estimated total 6-month payroll for your employees is a minimum of 9,006 euro (in 2022).
A household can also be a contract employer. A contract employer shall also include any temporary employments in the TyEL insurance policy.
You are an occasional employer if
- you only hire an employee temporarily or occasionally,
- the total 6-month payroll for your employees is less than 9,006 euro (in 2022), and
- you or your company do not have a valid TyEL insurance policy.
An occasional employer can be a company, an organisation or a household.
Please note that you cannot simultaneously be both a contract employer and an occasional employer. If you are a contract employer, you must also include any temporary employees in the TyEL insurance policy. Occasional employers must report any paid wages immediately upon payment.
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.
You can also call us 020 703 5155. We are available weekdays 8 a.m.–3 p.m