Earnings-related pension contributions i.e. TyEL contributions
TyEL payment is the payment for the TyEL insurance. TyEL payment is based on the wages paid to the employees. With TyEL payments, you ensure that your employee earns their pension. With us, the employer's pension contribution is affordable and you get excellent client bonuses.
How much is TyEL contribution in 2024 and 2025?
For small contract employers, the basic TyEL payment in 2024 is 25.12% of the paid salaries. There will be a pension company specific administrative cost added to this price. When taking this into account, the maximum TyEL contribution is 25.32 % of salaries. You are a small contract employer in 2024 if you paid salaries less than 2,251,500 euros in 2022. If you paid more than this, read about the large employer's TyEL contribution.
In 2025, the TyEL basic payment is 25.28% of salaries. When we add the pension company specific administrative cost, the TyEL contribution is a maximum of 25.46% of salaries. In 2025, you are a small employer if you paid wages of less than 2,337,000 euros in 2023.
For temporary employer in 2024 the TyEL contribution is 26.12 % of paid salaries. In 2025 it is 26.28 % of paid salaries. The temporary employer's TyEL contribution is the same in all pension companies.
Employee pays part of the TyEL contribution. As an employer, you deduct the employee's contribution from their salary and account for the entire TyEL payment to us. The employee's TyEL payment is the same in 2024 and 2025:
- 17-52 year old 7,15 %
- 53-62 year old 8,65 %
- 63-68 year old 7,15 %.
As our customer, you can see your TyEL percentage and the amount of your TyEL payment in the online service. If you don't have TyEL insurance, you can easily buy it online.
Affordable TyEL contribution also in the year 2025
Administrative cost is reduced by an average of 10 %
The administrative cost is part of the TyEL contribution. It is different in different pension companies. From the beginning of 2025, we will reduce this cost by an average of 10%. In this respect, the TyEL fee will be reduced.
Excellent client bonuses every spring
As our customer you are our owner and part of our good result belongs to you. You get excellent client bonuses from us once a year in the spring. This reduces the amount of your TyEL payment.
Are you looking for information about these?
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Paying and invoicing of TyEL contributions
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Large employer’s TyEL contribution
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Determining TyEL contribution
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Employer’s social security contributions
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TyEL contributions on different years
When is the TyEL contribution not charged?
You don't need a TyEL insurance and so you don't need to pay TyEL contributions in these following situations:
- you don't have an employee
- your employee is younger than 17 years or older than 67 years
- you pay your employee less than EUR 70.08 per month in 2025 (EUR 68.86 per month in 2024).
If you have TyEL insurance, but you are not currently paying salaries, you will also not have to pay TyEL contributions. Your TyEL contributions are always based on the wages you declare in the income register.
Frequently asked questions about TyEL contributions
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You receive the client bonus when you are a contract employer and your TyEL insurance is in force. You start receiving client bonuses in the second year, calculated from the moment your insurance with us began. For example, if your insurance began on 1 April 2023, you will begin receiving client bonuses in the spring of 2024. The client bonus reduces your TyEL contribution. The client bonus primarily impacts TyEL invoices formed in March.
Temporary employers who do not have a valid TyEL agreement do not accrue client bouses.
As a large employer, you are also entitled to a contribution loss discount and the largest employers are additionally entitled to a discount for large payrolls.
Read more about client bonuses
Read more about large employers’ contribution loss discount and the discount for large payrolls
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You do not need to terminate your TyEL insurance if you know that you will be hiring employees in the near future.
The TyEL contribution is formed based on the wages and salaries reported to the Incomes Register. If you do not have to pay wages or salaries, you will not receive an invoice.