Contract employer notifications
Notifications of employee earnings can be
given to Ilmarinen annually
or monthly. The employer states on the insurance application which notification method is preferred. The notification method can be changed
once in a calendar year by notifying
Ilmarinen of the change by
the end of November.
Earnings are reported as earnings of the year during which
they have been paid.
Annual notifications
of earnings
The employer
reports the starting and expiration dates of employment contracts either immediately or not less
than quarterly. Starting and expiration dates and unpaid absences of more than two months
affect the pension benefits of employees within the so-called protection rule (i.e. ongoing employment contracts entered into before 2005).
Employees' earnings for
the previous year must be reported
annually by the end of January, after which the accurate TyEL contribution
for the previous year is calculated. We send a request for annual reporting in December.
An employer
who has reported
annually can change to reporting monthly, if the company has no employees whose employment relationship has begun before
2005.
Monthly notifications
of earnings
If earnings are reported monthly,
they are reported on the 20th day of the month following the payment of wages. The starting and expiration dates of employment contracts and unpaid absences do not
need to be reported. A separate annual notification is not needed.
You can send the monthly salary notifications electronically by using Ilmarinen’s Insurance Service
(Vakuutuspalvelu
or Försäkringstjänst) or other electronic means of notification.
TyEL earnings
The TYEL earnings
that must be notified for the insurance is usually the same as the salary subject to withholding tax, i.e. the salary in money, fringe benefits and holiday remuneration.
Earnings-related pension information for employees
During May-November
2009, Ilmarinen will send
an extract of earnings-related
pension information to all employees and self-employed persons between the ages of 18 and 67 who have been
insured at Ilmarinen. The extract
contains information on employment relationships in the private sector and self-employed activity from which a pension
has accrued. The objective is that all recipients check their work
history information from the extract and inform their pension
insurance company of any omissions or
mistakes. Employers will also be
requested to provide information. It is therefore increasingly important to notify Ilmarinen regularly of data related to employment and earnings.
Additional information
For more
information on reporting, contact ilmoitusliikenne@ilmarinen.fi.