Try YEL calculator

What is the recommended YEL income?

YEL income refers to the value of your work input. YEL income should correspond to the salary that would be paid to an employee doing the same job. You can calculate the recommendation for your income by entering an estimate of your turnover and your main industry into our YEL calculator. Turnover reflects the scope of your business and adjusts the recommendation up or down based on average salaries. YEL income calculator is maintained by the Finnish Centre for Pensions, which is used by all pension insurance companies to calculate the recommended YEL income.

Which daily allowances and pensions are affected by YEL income?

YEL income is the foundation of the entrepreneur's pension and social security. Your YEL income affects the level of various benefits and pensions, so setting an appropriate amount ensures financial security in all life situations.
Based on your YEL income, the following benefits are determined:

• Kela's daily allowances (e.g. sickness allowance, unemployment benefit and parental allowance)
• earnings-related daily allowance (if you are a member of the entrepreneur's fund)
• compensation for loss of earnings under accident insurance
• vocational rehabilitation
• disability pension
• family pension and
• partial old-age pension and old-age pension.
Our YEL calculator clearly shows how your YEL income affects your future earnings-related pension and various social benefits.

How is the YEL contribution calculated?

The price of your YEL insurance is affected by your YEL income and your payment method. You can pay your YEL insurance contribution in 1–4, 6 or 12 dolments. The number of installments affects your YEL contribution through interest. You can also choose when the first payment of the year is due. The YEL contribution is lowest when you pay the entire year's contribution in one installment in January. If you are a new entrepreneur, you will receive a 22% discount on the insurance contribution for the first 48 months. You can easily calculate your YEL insurance contribution with our YEL calculator.

Wondering when you need to take out YEL insurance? You need YEL insurance when:
• You are 18–68 years old and work as an entrepreneur in Finland.
• Your YEL income is at least 9,423.09 euros per year in 2026, which is about 786 euros per month.
• You work in your company.
• Your entrepreneurial activity continues for at least 4 months, or you are a seasonal entrepreneur.

Take out YEL insurance within six months of meeting the above conditions. These also apply when you are a light entrepreneur or part-time entrepreneur.

Take out YEL insurance

YEL contribution Pension and social security Wage calculator Sales service