Will my pension accumulate?

Starting from 1 May 2017 all light entrepeneurs belong to the YEL-insurance. Your pension will accumulate based on the amount of YEL insurance payments. All light entrepeneurs must take out YEL insurance when certain requirements are fullfilled.

Salaries paid before 1 May 2017 include a TYEL-payment, which has accumulated Employees Pension. You can check your own pension record from Työeläke.fi.

YEL = Self-employed Persons’ Pensions Act
TyEL = Employees Pensions Act

Until 31 December 2016 all Employees Pensions have been paid to Veritas and since 1 January 2017 to Varma.

Read more about the YEL insurance requirements:

Have more questions? Submit a request

0 Comments

Please sign in to leave a comment.