TyEL contribution

TyEL insurance provides pension security for your employees

When you hire an employee, take out TyEL insurance and report the earnings data to the Incomes Register regardless of whether you are a long-term or temporary employer. Household employers also need to provide pension insurance for their employees. With TyEL insurance you take care of your employees’ pension cover. That is why TyEL insurance is statutory, i.e. mandatory.