The upper age limits for TyEL and YEL insurance will change in 2026
The 2017 pension reform set an upper age limit for TyEL and YEL insurance based on the year of birth. The change will have an impact from the beginning of 2026, when those born in 1958 and younger are insured and will continue to accrue pensions in 2026.
Pensions are accrued and earnings-related pension contributions are paid up to the upper age limit of the insurance obligation.
How the limit will change
The insurance obligation of employees and entrepreneurs ends at the end of the calendar month in which
- a person born in or before 1957 turns 68,
- a person born between 1958 and 1961 turns 69, and
- a person born in or after 1962 turns 70.
Until now, the TyEL and YEL insurance obligation has ended at the end of the calendar month in which the person turns 68.
The change agreed upon in the 2017 pension reform will actualise in 2026
In practice, the change in the upper age limit based on the year of birth agreed upon in the pension reform on 1 January 2017 will enter into force in 2026. At that time, employees and entrepreneurs born in 1958 will turn 68, and their insurance obligation will continue. This means that their insurance cover must remain normal even if they reach the previous upper age limit for earnings-related pension insurance.
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