The TyEL contribution will be 24.85 per cent of the payroll on average in 2025 (24.81 per cent in 2024). The contribution takes into account, as averages, the contribution loss component reduction and earnings-related pension insurance company-specific insurance contribution components, the client bonus and the administrative cost contribution. The contribution includes a 0.45 percentage-point repayment of the temporary contribution discount granted to employers in 2020. The discount will be repaid for the last time in 2025.
Employees’ share of the pension contribution will remain the same: for those under 53 and over 62, it will be 7.15 per cent of their salary, and for those between 53 and 62, whose share will be increased for the last time in 2025, it will be 8.65 per cent of their salary.
The TyEL basic contribution for employers with an insurance contract, excluding the administrative cost contribution, will be 25.28 per cent of the payroll next year (25.12 per cent of the payroll in 2024). Client bonuses are deducted from the basic contribution, and a pension company-specific administrative cost contribution is added to the basic contribution.
The amount of the client bonus, which is dependent on the pension insurance company, is estimated to be 0.5 per cent of the payroll on average in 2025 (0.4 per cent in 2024). The amount to be distributed as client bonuses is based on the earnings-related pension company’s solvency.
The disability pension component included in the contribution will decrease and will be 0.7 per cent of the payroll on average in 2025 (0.8 per cent in 2024). If a company’s payroll was higher than EUR 2,337,000 in 2023, the impact of the contribution category and the reduction of the contribution loss component will also be taken into account.
The TyEL contribution for temporary employers will be 26.28 per cent of the payroll next year (26.12 per cent in 2024).
The YEL contribution for the self-employed will remain at the same level in 2025 as it is this year: for those under 53 and over 62, it will be 24.1 per cent of their YEL income, and for those between 53 and 62, who will have a higher contribution percentage for the last time in 2025, it will be 25.6 per cent of their YEL income.
Read the press release of the Ministry of Social Affairs and Health (in Finnish)