News and articles
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News and articles

Finnish pension system in a nutshell
Finland has one of the best pension systems in the world - and that’s a fact. But if you’re starting a business in Finland, you might be wondering why it’s mandatory for entrepreneurs to take out pension insurance. Or for employers to get pension insurance for their employees? We are here to help you!
Finnish pension system in a nutshellMore news and press releases
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News
28.6.2023
EU Framework agreement on cross-border telework 1.7.2023Some of the EU countries have signed an agreement on cross-border teleworking, according to which an employee working remotely or in-person in two EU countries can, under certain conditions, be insured in the employer's home country instead of their own country of residence.EU Framework agreement on cross-border telework 1.7.2023
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News
3.3.2023
Excellent client bonuses in store for employers – check the amount in the service for employersWe have calculated the final client bonuses reducing the TyEL contribution and they are available in the service for employers as of 3 March. Our record-high cost-effectiveness is directly reflected in smaller pension contributions for our employer customers.Excellent client bonuses in store for employers – check the amount in the service for employers
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News
21.10.2022
Employer, self-employed person, pensioner – 2023 earnings-related pension index and wage coefficient confirmedThe Ministry for Social Affairs and Health has confirmed the indices for earnings-related pension insurance for 2023. Next year, the earnings-related pension index is 2,874, which means an exceptionally large, approximately 6.8 per cent increase on pensions at the start of the year. The confirmed wage coefficient is 1.558. Compared to 2022, the wage coefficient will rise some 3.8 per cent.Employer, self-employed person, pensioner – 2023 earnings-related pension index and wage coefficient confirmed
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News
12.9.2022
Pricing of the expense loading in earnings-related pension contributions will change next year – as our customer you benefit from our efficiencyIn the future, you will be able to compare pension companies in terms of their expense loading. Our excellent efficiency benefits our TyEL customers as lower insurance contributions.Pricing of the expense loading in earnings-related pension contributions will change next year – as our customer you benefit from our efficiency
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Article
10.5.2022
Employer contributions – How well do you know the additional employer costs?Hiring an employee entails additional employer costs. What are they? How much do they come out to? Read on to get an overview of employer contributions in 2022.Employer contributions – How well do you know the additional employer costs?
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Article
9.5.2022
Insure summer and seasonal employees in timeWith summer approaching, summer employees are ready to start their work. But when should summer employees be insured? What else should you consider when hiring a summer employee?Insure summer and seasonal employees in time