Earnings-related pension contributions and discounts

The pension cover of your employees is your responsibility. You can take care of it by paying the TyEL pension contribution. As llmarinen’s customer you get the best discounts and client bonuses in the sector.

TyEL insurance is statutory

You can take care of your employees’ pension cover by taking out employees’ pension insurance, i.e. TyEL insurance, for them. Pension cover is part of the Finnish social security system. That is why taking out insurance is statutory, which means it is obligatory.

We use part of the contribution you pay to cover the pensions of current pensioners and invest the rest productively and responsibly to secure the pensions of future generations.

The TyEL contribution is based on the wages and salaries you pay

Your TyEL contribution is based on the wages and salaries you pay. As an employer, it is your responsibility to report your employees’ earnings payment data to the Incomes Register once a month. We can view the information in the Incomes Register and will calculate your TyEL contribution based on the TyEL earnings data reported to the Incomes Register every month.

The following affects your contribution

Your TyEL contribution is reduced by the client bonus that we pay our customers once a year. 


Ilmarinen’s good solvency and cost-effectiveness will guarantee our customers the sector’s best client bonuses once again this year.

As a large employer, your employees’ work ability has a major impact on the size of your TyEL contribution. 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.

Large employer’s TyEL contribution

As a large employer, your earnings-related pension contribution is affected by the work ability of your employees, your company’s size i.e. payroll, and the discounts you receive.

Read more about a large employer’s TyEL contribution

Employer’s social security contributions

As an employer, you are in charge of your employees’ pension cover and other social security. We have compiled on our website information on when you have the obligation to take out TyEL insurance for your employees and what the contribution percentages are.

Read more about an employer’s social security contributions

Client bonuses

Ilmarinen’s client bonuses reduce your TyEL contribution. We pay client bonuses to our customers once a year.

Read more about client bonuses