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PAYMENT OF YEL CONTRIBUTIONS

The annual YEL contributions fall due for payment as agreed in one, two, three, four or six installments. Monthly payments are also possible. At least one half of the maturity months must come before August.

The contribution falls due for payment on the 20th day of any agreed month or on the first weekday following the 20th.

Delayed payment

If payment is delayed, penalty interest will be charged

  • 8.0% January 1 - June 30 (in 2012).

Payment arrangements

In the event that paying a contribution in time is not possible, the entrepreneur may change the payment schedule either through the Insurance Service or by calling Ilmarinen’s customer service. By agreeing on payment arrangements, you can avoid the contribution payments being subjected to a collection agency or recovery proceedings, as well as any costs arising out of the collection measures.   Should difficulties in payment arise, contact Ilmarinen and agree on additional time before the due date of the contribution (client service, tel. 010 284 3714).