Ilmarinen and Etera have merged

customers will benefit

Customer service | 010 284 3714

Ilmarinen and Etera have merged

Etera's former customers have transferred to Ilmarinen as of 1st January 2018. The merger  will bring you even more diverse services and the most competitive client benefits in the sector. Insurance contracts will continue normally and your familiar services will be available as usual. For a better working life – together!

Employee or entrepreneur

Log in to pension services using your personal banking codes.

The service is available only in Finnish and Swedish.

Log in to pension service

Temporary employer

Use the service to first report your employees’ information after which you can pay the earnings-related pension premiums in your online bank. All you need are your online banking codes and the employee's personal data.

The service is available only in Finnish and Swedish.

Go to insurance services

Entrepreneur or employer

Log in to the TyEL and YEL insurance service with your user ID and password.

The service is available only in Finnish and Swedish.

Log in to insurance services

Information for customers who transferred from Etera

Your existing user ID and password will remain unchanged.

The customer service systems of Ilmarinen and Etera will be combined gradually. As for now, log in to pension or insurance services as instructed here.

Employers' monthly notifications, annual notifications and all other familiar services will continue to be available as usual.

The customer service systems of Ilmarinen and Etera will be combined gradually. As of 1st January 2018 Etera's former customers will log in to pension and insurance services from Ilmarinen's website. Please see for more details here.

Pension and rehabilitation customer service

Pension information, tel. 010 197 064 or +358 10 197 064 (from abroad), weekdays from 9 am to 3 pm. Email: e.elakeasiat@ilmarinen.fi

Information about pension record, tel. 010 197 066 or +358 10 197 066 (from abroad), weekdays from 9 am to 3 pm. Email: e.elakeasiat@ilmarinen.fi

Vocational rehabilitation, tel. 010 197 063 or +358 10 197 063 (from abroad), weekdays from 8 am to 12 noon. Email: e.kuntoutus@ilmarinen.fi

Applying for pension or rehabilitation

All pension applications

Depending on the type of pension you are applying for, fill in an electronic or a paper application. You will find the necessary documents from Ilmarinen's forms and brochures.

Forms and brochures

Old-age pension

Apply for old-age pension or partial old-age pension by filling in an electronic application.  

Log in to pension service

Survivors' pension, disability pension or years-of-service pension

To apply for one of these pension types, act as follows: fill in the application, print it out, sign it and send it to us at Ilmarinen. If you send your application to this address, you do not need a stamp as we pay the postage fee for you:

Ilmarinen Mutual Pension Insurance Company
Tunnus 5002388
00003 VASTAUSLÄHETYS

Vocational rehabilitation

If your pension insurance was at Etera prior to 1 January 2018, you can apply for vocational rehabilitation by logging in. The service is only available in Finnish and Swedish.

Log in

Application for rehabilitation is also available (in English) from Ilmarinen's forms and brochures.

For more information, contact us at e.kuntoutus@ilmarinen.fi.

Read more about rehabilitation

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In the future, we will manage the pension cover of more than 1.1 million Finns

As a result of the merger, we will form a solvent and cost-effective earnings-related pension company with the most competitive client benefits in the sector. The total number of insured exceeds 675,000 and pensioners' number 460,000. The company’s market share of premiums written will be 37 per cent. With these indicators, Ilmarinen will become Finland’s largest private sector earnings-related pension insurer.

 

Customers will benefit from improved cost-effectiveness

The merger will not require any measures from customers. Etera’s current customers will transfer to Ilmarinen after the merger and their insurance contracts and pension payments will continue normally. The cost-effectiveness and strong solvency of the merged company will enable improved bonuses and diverse services.

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News

EXECUTIVE GROUP APPOINTED FOR MERGING ILMARINEN
3.11.2017 | Read more

FINANCIAL SUPERVISORY AUTHORITY APPROVED ILMARINEN'S AND ETERA'S MERGER
11.10.2017 | Read more

ILMARINEN'S GENERAL MEETING DECIDES ON MERGER WITH ETERA
14.9.2017 | Read more

ILMARINEN AND ETERA TO MERGE – CUSTOMERS WILL BENEFIT FROM IMPROVED COST-EFFECTIVENESS
29.6.2017 | Read more

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Become our customer

Q&A regarding the merger

The merger will benefit our customers above all. Our goal is to be Finland’s most cost-effective and attractive earnings-related pension company, offering an even more diverse service package based on our customers’ needs, and the sector’s most competitive client benefits.

The merged company will embody solid expertise in insurance for companies of all sizes and self-employed persons, as well as special expertise in a number of sectors. In combining the strengths of both companies through a merger, the objective is to build a modern, innovative and agile service company.

In addition, the cost-effectiveness of the entire earnings-related pension insurance system will improve significantly and the overall solvency of the sector will strengthen. The transaction will thus benefit both policyholders and the insured alike.

As a result of the merger, Ilmarinen and Etera form a solvent and cost-effective earnings-related pension company with the most competitive client benefits in the sector.

We offer a variety of services for a better working life – free of charge to our customers. In addition, Ilmarinen's customers have been enjoying the industry's best client bonuses in the years 1997–2016. For 2017, a record-breaking bonus level is predicted.

The cost-effectiveness and strong solvency of the merged company will enable improved client bonuses. The merger will create an opportunity to streamline operations and do away with overlapping and these cost savings will directly benefit our client companies.

The merger will not impact the position of the insured or pensioners. Insurance contracts and pension payments will continue as usual. After the merger, the current customers of both companies are Ilmarinen’s customers.

Client bonuses accrued from 2017 will be paid in spring 2018 separately to the customers of both companies according to the criteria for distributing bonuses. After the merger, the customer’s insurance history with Etera and Ilmarinen will be combined and the criteria for distributing bonuses confirmed for Ilmarinen will be applied.

The improved cost-effectiveness resulting from the merger will result in improved client bonuses. The merger is being carried out specifically with the benefit of the customers in mind. Also in the short term, Ilmarinen’s solvency and ability to pay client bonuses are expected to remain at their current good level. Etera’s solvency is weaker than Ilmarinen’s but the company is very cost-effective, so the merger does not significantly impact Ilmarinen’s bonus level.