News and articles

Welcome to our newsroom. Here you will find our latest news and press releases as well as our blogs and articles.

News and articles

Article 28.4.2022

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 nutshell
More articles

More news and press releases

Filter:
  1. Self-employed person, did you get a YEL income recommendation from us?
    We will be sending out new YEL income recommendations for the first group of our self-employed customers in June. What’s it all about?
    Self-employed person, did you get a YEL income recommendation from us?
  2. YEL income reviews will start this summer
    The YEL reform entered into force in the beginning of the year. Pension companies are now obligated to check entrepreneurs' YEL incomes at steady intervals. We will start the reviews this summer – here’s what you need to know about it.
    YEL income reviews will start this summer
  3. YEL reform enters into force at the start of next year
    The Self-Employed Persons’ Pensions Act will change at the start of the year: YEL income will be determined in more detail and adjusted more often. “Self-employed persons deserve the same level of pension and social security as employees. The reform will help achieve this,” says Minna Hakkarainen, Ilmarinen’s Director, Insurance Services.
    YEL reform enters into force at the start of next year
  4. Most frequently asked questions on the YEL reform
    What questions are self-employed persons asking about the Self-Employed Persons’ Pensions Act (YEL) reform? We assembled all of the questions most frequently asked by self-employed persons. The expert for the article is Ilmarinen’s Director, Insurance Services, Minna Hakkarainen.
    Most frequently asked questions on the YEL reform
  5. YEL in 2023 – Six things for entrepreneurs to remember
    Year 2023 is fast approaching. Below you’ll find six things every entrepreneur needs to know about their YEL insurance at the turn of the year.
    YEL in 2023 – Six things for entrepreneurs to remember
  6. Employer, self-employed person, pensioner – 2023 earnings-related pension index and wage coefficient confirmed
    The 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
Showing 6/21
Show more