Ilmarinen wants to continue supporting its customers during challenging times
If you are having difficulties making your payments, we urge you to contact us in good time so that we can discuss your options. We will always try to make flexible arrangements for you to the extent possible, and we will assess your situation individually. We are here for you.
The flexibility that was granted on insurance contributions in the spring will expire in the autumn. If your ability to make your payments is still limited, however, we urge you to contact us to agree on a payment plan. Please note that the payment of insurance contributions cannot be suspended entirely.
You can see your current payment situation by logging in to our self-employed person’s online service using your personal online banking codes. In the service, you can see the situation concerning your paid and unpaid YEL contributions. Our customer service will also provide you with support if you need help resolving your payment difficulties.
Is your YEL income up to date?
Remember to adjust the level of your YEL income if there have been changes in the amount of your work. For example, if you go from being a part-time entrepreneur to a full-time entrepreneur or expand your entrepreneurial activities, raise your YEL income. On the other hand, if you work less in your company than before, lower your YEL income. Every time you change your YEL income, you also change your pension and social security and your YEL insurance contribution.
You cannot change your YEL income retroactively, so it is advisable to react to changes in your entrepreneurial activities right away. Changes other than those concerning your entrepreneurial activities and working, such as receiving larger social benefits, are not grounds for changing your YEL income.
Your YEL income must always correspond to your work contribution, even during exceptional periods.
Be sure to check the due dates of your TyEL invoices in our online service. TyEL invoices from the spring coronavirus period will fall due at the end of October at the latest.
In the online service, you can request additional time to pay your new TyEL invoices for the July and August payroll that are falling due, or you can change the due date of your future TyEL invoices. Ordinarily, TyEL insurance contributions fall due on the last day of the month following the date on which the salaries or wages were paid. In our online service, you can change the TyEL contribution to fall due in the second month following the payment of salaries or wages. In this case, a 2% insurance contribution interest rate will be added to the insurance contribution for the second month.
If you want to negotiate an extended term of payment, contact our customer service for TyEL invoicing matters. We will always assess your situation individually, and we will try to find a solution to help you make your payments. We urge you to contact us as early as possible so that we can discuss your situation.
The coronavirus pandemic changed pension insurance practices in spring
We wanted to help our customers who were possibly struggling to pay their bills by giving them relief in their insurance contribution payments during the coronavirus outbreak in the spring.
An extended payment term was enabled by the fast-tracking of a temporary exception to TyEL and YEL terms and conditions, which was confirmed by the Ministry of Social Affairs and Health on the application of the employment pension insurance companies. It gave entrepreneurs and employers temporary flexibility in their payments.
Temporary reduction of pension contributions
On 1 May 2020, a law that reduces the TyEL contribution paid by private sector employers by 2.6 percentage points between 1 May and 31 December 2020 entered into effect. As a result, the payments of private sector employers have been reduced by a total of approximately EUR 910 million.
The earnings-related pension system’s EMU buffer is being used to reduce the contribution. The buffer will be replenished by temporarily raising the amount of the employer contribution in 2022–2025 to offset the impact of the temporary reduction. The payment of client bonuses has been suspended for the duration of the reduction period.
Why are pension contributions collected and paid?
Ilmarinen’s primary task is to ensure that our customers receive the pension they earned from employment. The pension contributions that are collected now are mostly used to pay out current pensions. Pension contributions are collected from employers, wage-earners and the self-employed. A small proportion of pensions are financed with the returns earned on the invested pension funds.
Our customer service is available by phone during weekdays at the number +358 10 195 000.
Mitä työnantajan tulee tietää vuoden 2022 työeläkemaksuista?
Työeläkemaksujen keskimääräinen taso nousee 0,45 prosenttiyksikköä vuonna 2022. Korotuksen tarpeesta sovittiin jo aiemmin, kun TyEL-maksuihin annettiin koronahelpotuksia. Asiakashyvitysten taso puolestaan palautuu entiselleen. Työeläkevakuutusyhtiöiden laskuperustehakemus on lähtenyt Sosiaali- ja terveysministeriön käsiteltäväksi, ja ministeriö vahvistaa maksuprosentit marraskuussa.
Työeläkemaksut vuonna 2022
Työmarkkinoiden keskusjärjestöt ovat sopineet ehdotuksesta vuoden 2022 yksityisalojen työeläkevakuutusmaksuksi. Sosiaali- ja terveysministeriö vahvistaa myöhemmin työeläkevakuutusmaksun perusteet työeläkevakuutusyhtiöiden hakemuksesta.
Viivästyskorko säilyy kahdeksassa prosentissa loppuvuoden
TyEL- ja YEL-vakuutusmaksujen viivästyskorko on kahdeksan (8) prosenttia loppuvuonna 1.7.–31.12.2021.