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YEL calculator

The YEL calculator allows you to estimate the impact of YEL income on pension and social security and on the YEL contribution. You can also try out how different instalment months and amounts affect the YEL contribution.

Calculate YEL income recommendation

With the calculator, you can calculate a business sector specific indicative work income recommendation for full-time entrepreneurship. Use it like this:

  1. Enter an estimate of your future 12-month turnover.
  2. Select your main business sector from the drop-down menu.
  3. Press the button "Calculate recommendation".

Your recommendation

 €/year

The recommendation has +- 30% maneuver. Based on the information you provided, we recommend placing your YEL income in between  €/year

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Change your YEL income

Your YEL income affect the amount of pension you gain from your entrepreneurship. It also affects to your other social security, such as earnings and pensions in voluntary accident insurance policy, Kela's daily allowances and unemployment allowances.

Enter information

YEL income means the value of your work input. Year 2025 your YEL income can be no less than EUR 9,208.43 and no more then EUR 209 125 (no less than EUR 9,010.28 and no more than EUR 204,625 per year in 2024). To be eligible for unemployment security, your YEL income must be at least EUR 15 128 in 2025 (EUR 14 803 in 2024).
YEL income can range from EUR 9,208.43 to EUR 209,125 per year in 2025 (EUR 9,010.28 to EUR 204,625 per year in 2024).
Your year of birth affects the insurance contribution percentage. Under 53 year olds 24.1% / as a new entrepreneur 18.8 %. 53-62 year olds 25.6 % / as a new entrepreneur 19.97 %. 63 year olds and over 24.1 % / as a new entrepreneur 18.8 %. The obligation to insure ends at the start of the old-age pension or at your own highest old-age pension age at the age of 68 or 69.
Enter here the amount of earnings-related pension that you have accrued. You can check the amount of earnings-related pension that you have accrued in your pension record or in MyPension service.

Summary

Insurance contributions

YEL contribution

 €/month
YEL insurance contribution for new entrepreneurs *
 €/month
* Discount 22 % for the first 4 years.

Allowances

Daily sickness allowance
 €/month
Basic daily allowance
 €/month
YEL income must be at least €
Parental allowance
 €/month
Earnings-related daily allowance
 €/month
YEL income must be at least €

Instalments

The number of instalments and the instalment months affect the YEL payment. The cheapest option is to pay in one instalment in January.

If your insurance starts in the middle of the year, you will pay the YEL contribution from the time your insurance takes place.

Due date YEL contribution New entrepreneur -22%

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Estimate of old-age pension

The sums are estimates calculated for the current year.

In the old-age pension estimate, the assumption is annual earnings-level growth of 1.5% in real terms. The pension estimate is based on valid legislation and it takes into account the impact of the life expectancy coefficient. The pension estimate includes the accrued earnings-related pension if you have entered the information in the calculator.

 

The sums are estimates calculated for the current year.

The pension estimate is based on valid legislation and it takes into account the impact of the life expectancy coefficient. The pension estimate includes the accrued earnings-related pension if you have entered the information in the calculator.

Estimate of old-age pension

Lowest pension age
yr. mo.
 €/month
Target pension age
yr. mo.
 €/month

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What is YEL insurance?

YEL insurance is the basis of self-employed person's pension and social security. That is why the insurance is statutory, i.e. mandatory. You cannot replace YEL insurance with voluntary pension insurance.

You increase your pension and improve your other social security with every YEL insurance payment you pay.