Estimate your contributions with YEL calculator
The YEL calculator gives you an estimate of your YEL contributions and the level of your social security.
What is self-employed person’s pension insurance?
YEL insurance is the basis for your pension and social security. That is why the insurance is statutory, in other words mandatory. You grow your pension with each YEL contribution you pay. At the same time, you improve your other social security benefits. You cannot replace YEL insurance with voluntary pension insurance.
Your YEL contributions will be calculated based on your YEL income
YEL insurance costs the same at all earnings-related pension insurance companies. The contents of the insurance are also the same everywhere.
The YEL contribution is a percentage of your confirmed YEL income. If you are a first-time entrepreneur or you have been self-employed for less than four years, you will receive a 22% discount on your YEL contribution. You can deduct the contribution in your personal or company taxation. Read more about the YEL contributions.