What to do when I want to know when to take out TyEL insurance?

TyEL insurance is statutory earnings-related pension insurance taken out by an employer for its employees.

As an employer, you need TyEL insurance when

• the employee is working under an employment contract,
• the employee has turned 17 years, and
• the employee is paid a salary of at least EUR 70.08 per month in 2025.

The upper age limit for TyEL insurance depends on the employee's year of birth. Read more about the age limits for TyEL insurance on our page.

You should take out TyEL insurance well in advance of your first wage payment, as you will need a TyEL insurance number (pension scheme number) when you report wages to the Incomes Register.

Read more about TyEL insurance

Taking out TyEL insurance takes no time at all. You can easily take out TyEL insurance

• online
• by calling our sales at 010 244 1010 (Mon-Fri 8-16) or
• by requesting a quote.

Varma is the most solvent pension company, which means that every year we provide you with excellent client bonuses that lower your TyEL contribution. We have paid out the best client bonuses for 18 years.

As our customer, you'll have access to Varma Online Service. In the service, you can, for example, take care of TyEL insurance and invoice matters, such as ordering a payment certificate or requesting a payment extension.

We also offer you access to our e-learning platform Varma Academy where you can find work ability-related online courses, for example. The content provides enjoyment and value for entrepreneurs, employers and employees alike.