Employer and TyEL Insurance
When an employer, company or private household takes on an employee, the employer has a legal obligation to arrange pension provisions for the employee.
At Ilmarinen, you can arrange everything related to earnings-related pensions: employee pensions as well as your own self-employed person's pension.
All employees hired by the private sector, including employees hired by private households, are currently insured according to TyEL regardless of the duration of the employment relationship, wages, or field of activity.
Self-employed persons organise their pension in accordance with the Self-Employed Person’s Pensions Act, YEL.
Foreign companies operating in Finland and self-employed foreigners living in Finland also have to take out earnings-related pension insurance. The earnings of a posted employee working for a Finnish company abroad also fall within the scope of Finland’s statutory earnings-related pension insurance.