Transfer your YEL insurance to Ilmarinen
Moving your YEL insurance to Ilmarinen is easy. You can switch whenever it suits you. The transfer costs nothing, and we'll take care of ending your current insurance for you. Your YEL income stays the same, and so does the pension you've already earned.
Why switch to Ilmarinen?
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The highest customer satisfaction in the industry. According to the EPSI Rating survey (2025), Ilmarinen's customers are the most satisfied in the earnings-related pension sector.
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Experts on your side. You're not alone with your YEL questions. We offer personal guidance at every stage of your business.
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Easy online services. Take care of your insurance whenever it suits you. Our online services make everyday YEL matters simple and straightforward.
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1. Complete the transfer application online.
You don't need to look up your insurance details. We'll get the information we need directly from your current provider.
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2. We'll cancel your current insurance
We will contact your current pension company and take care of everything for you.
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3. We'll confirm your start date
We'll let you know when your YEL insurance starts with us. You're covered the whole time.
When can you transfer your YEL insurance?
You can submit a transfer application at any time, including in advance. Your YEL insurance will start with us on the next available transfer date: 1 January, 1 April, 1 July or 1 October. We always suggest the earliest possible transfer date, but you can also request a later start date in your application.
Did your current insurance start less than a year ago?
You can still apply now. Your insurance will move to us once it's been with your current pension company for 12 months.
When will your insurance start with us?
All Finnish pension companies follow the same transfer schedule. We'll let your current pension company know three months before your insurance starts with us. The table shows when your insurance can start with us, depending on when we receive your application.
| Application received by | Earliest start date with Ilmarinen |
|---|---|
| 31.3. | 1.7. |
| 30.6. | 1.10. |
| 30.9. | 1.1. |
| 31.12. | 1.4. |
What does transferring your YEL insurance mean for you?
Only the company managing your insurance changes. Everything else stays the same:
- Your YEL income does not change because of the transfer.
- Your social security continues as before. Because your YEL earned income stays the same, so do the benefits based on it, such as sickness allowance, parental allowances and unemployment benefits.
- The pension you've built up stays the same, because earnings-related pensions are statutory.
- Your discount for new entrepreneurs moves with you, if you have one.
- You can transfer your YEL insurance on its own. It doesn't have to be with the same company as your other insurance policies.
Why switch pension companies if the YEL contribution is the same?
The YEL contribution is determined in the same way by all pension companies, so you can't compare them on price. That's why entrepreneurs choose their pension company based on service. They typically switch because they want:
- personal support from an expert who understands their situation
- smoother customer service by phone and online
- more user-friendly online services
- a service that grows with the business, for example when a side business becomes a full-time business or when the first employee is hired
- a better fit if their current provider hasn't met their expectations
Do you have employees?
Take out your TyEL insurance with us as well and benefit from:
- Competitive TyEL contributions. We paid around EUR 149 million in client bonuses in 2025
- Work ability services that our customers rated 4.7 out of 5 in 2025.
Why do entrepreneurs choose Ilmarinen?
Our clients recommend us
When you transfer your YEL insurance, you're choosing more than an insurance provider. You're choosing a service you can rely on at every stage of your business.
That's why it matters to us how our clients experience our service. We regularly measure client experience with the Net Promoter Score (NPS), which shows how likely clients are to recommend us to others. In 2025, our NPS was 69 on a scale from –100 to 100.
The most satisfied business clients in the industry
We continuously improve our services based on feedback, and the results show. According to the latest EPSI Rating survey (2025), our business clients are the most satisfied in the industry. Our clients also describe our service as clear and simple.
Read here what our customers say about us
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"The customer service representative was really nice and knowledgeable, the meeting left a good feeling!"
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"I got the answer quickly and the text was clear and very understandable."
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"A clear description of the situation and a sense that the matter is under high-quality and expert care."
Frequently asked questions about transferring YEL insurance
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No, it doesn't.
You can't get a lower YEL contribution by switching pension companies, because all Finnish pension companies calculate the YEL contribution in the same way. The contribution rate is the same for all entrepreneurs, whether you choose Ilmarinen, Elo, Varma or Veritas.
Your YEL contribution depends mainly on your confirmed YEL earned income. If your earned income is the same, your YEL insurance costs the same at every pension company.
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No, you don't. We'll cancel your current YEL insurance for you. Your insurance moves to us on the next possible transfer date, and you're covered the whole time.
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No. Transferring your YEL insurance to us is free of charge.
There are no extra costs, and your confirmed YEL earned income and the pension you've built up stay the same. We'll take care of the practical details.
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Yes, you can apply at any time. We'll always suggest the earliest possible transfer date. If your current insurance started less than a year ago, it will move to us once it's been with your current pension company for 12 months.
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No. The transfer doesn't change your confirmed YEL income.
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No. Earnings-related pensions are statutory, so transferring your insurance doesn't affect the pension you've already built up.
Complete your transfer application in just a few minutes
Submit your application today. We will take care of the rest and let you know when your insurance starts with us.
Would you like to ask first? Call our insurance sales team Monday to Friday, 8 a.m. to 4 p.m., on 010 195 000 (8.4 cents/minute).