Paying and invoicing TyEL contributions
Your earnings-related pension insurance contribution, or TyEL contribution, is based on the wages and salaries you paid during the preceding month. In our online service, you can view your upcoming contributions and change the due date of your invoices, if necessary.
TyEL contributions
Your TyEL contribution is based on the earnings that you report to the Incomes Register after each wage payment. If you have made an error in the earnings payment report you submitted and you correct it, the correction will show in your following TyEL invoice.
As a rule, your TyEL contribution falls due on the last day of the month following the wage payment month. For example, if you paid salaries and wages in June, your TyEL invoice will fall due at the end of July.
As a contract employer, you can defer the due date by a maximum of one month. You can defer the due date in our online service.
Due date of TyEL contributions
We send you a TyEL invoice on your employees’ earnings-related pension insurance contributions once a month. The invoice covers all of the earnings you paid during the preceding month. The due date of the invoice is usually the last day of the month following the wage payment month.
If you wish, you can change the due date of your invoices in our online service. You can defer the due date by a maximum of one month. The new due date will apply to all of your future invoices. You can change the due date again any time.
When you defer the due date, insurance contribution interest will be added to the insurance contribution for the second month, i.e. from the original due date until the new due date.
Use the calculator to estimate how deferring the due date impacts your TyEL contribution.
Let us assume that you pay wages and salaries on 15 and 30 April. You report the paid wages and salaries to the Incomes Register within five days of payment. You have two options for paying the TyEL contribution:
Option 1
We send you a TyEL invoice on the wages and salaries you paid in April. You pay the invoice by the end of the month following the wage payment month, i.e. May.
Option 2
You change the due date of your TyEL invoice in our online service. You can defer the due date by a maximum of one month, and the change must be made during the wage payment month. When the due date is deferred by one month, in this case to the end of June, insurance contribution interest will be charged on the contribution.
The contribution information is available in our online service
Your TyEL contribution is based on the earnings you have reported to the Incomes Register. Please note that the earnings must be reported to the Incomes Register within five days of the wage payment date. You will receive a TyEL invoice at the start of the month following the payment.
To see your following TyEL contribution and the earnings data on which it is based, log in to our online service. They will be available once we have received the information on the earnings payment report you have submitted to the Incomes Register. The information is usually available on the same day when you report the earnings to the Incomes Register. Click on your company’s TyEL contribution to see all the earnings you have reported to the Incomes Register by employee.
If you use the Palkka.fi service, you will receive your invoices from the service by default. As a user of the Palkka.fi service, your TyEL invoices always fall due on the last day of the following month. You cannot change this due date in Ilmarinen’s online service.
However, if you have a corporate user interface, you can choose to receive the invoice from us and not from Palkka.fi. In that case, you can change the due date of your future invoices in our online service. You can defer the due date by a maximum of one month. The new due date will apply to all of your future invoices.
To order the invoice from us: Go to the Palkka.fi service, ’Työnantajatiedot’ (Employer information) > ’Vakuutuksiin liittyvät tiedot’ (Insurance information). Then choose the option to receive the invoice from the pension company.
You can change the due date of your future TyEL contributions in our online service by selecting a new due date under the section ’Due date of TyEL contributions’.
If you use Palkka.fi’s household user interface, you cannot order the invoice from us; instead, you will always receive it from Palkka.fi. Palkka.fi will automatically calculate your TyEL contribution with the employer’s and employee’s shares. Your TyEL contribution will be available in the contribution list (Maksut) after you have successfully submitted your earnings payment report to the Incomes Register.
You can view the earnings you reported and the contributions calculated on them also in Ilmarinen’s online service.
Impact of correcting earnings payment data on your TyEL invoices
If the correction you have made to the earnings payment data in the Incomes Register concerns the current calendar year, the correction will show in your next TyEL invoice. You will thus not receive from us a replacement invoice for the earnings payment data you reported erroneously, and an invoice based on the erroneous earnings payment data will not be cancelled automatically. If your correction concerns an earlier year, we will send you a separate invoice or refund which will be allocated to future invoices. Read more about correcting an error in the earnings payment report.
Check the size of the discounts in our online service
The size of your client bonus and possible discount for large payrolls is available in our online service at the start of the year. The discounts reduce your TyEL contribution. They primarily reduce your next invoice, but if the bonus is larger than the invoice in question, the rest of the bonus will transfer to the following invoice. You can see your bonus and your possible discount also in the TyEL invoice you receive.
Any premium loss discount will be given to you in each of your TyEL contribution instalments.
Which year’s financial statements does information on a discount you received in spring apply to?
You will receive from us a client bonus and a discount for large payrolls once a year. They will reduce one or several of your TyEL invoices.
Even though the size of the discounts is based on the previous years’ information, they are part of you current year’s TyEL contribution. Periodise the discounts and payments in accordance with materiality and good accounting practice for internal reporting or financial statements.
You pay TyEL contributions when you employ persons 17–67 years of age and pay them more than EUR 61.37 in wages or salaries during one month. The obligation to insure starts at the beginning of the month following your employee’s 17th birthday and expires at the end of the month in which your employee turns 68.
If you have an employee who is not subject to your obligation to insure, report his or her earnings to the Incomes Register in any case. In that case, when reporting the wages, indicate ’No obligation to provide insurance’ as the the type of insurance information. If you forget to report this, you will have to pay the TyEL contribution on the wages.
Read more about the employee's contribution >
Read more about the exceptions to the earnings payment reports >
Switch to electronic TyEL invoices
Read the instructions on how to switch over to using electronic TyEL invoices >
Need more time to pay?
If you need more time to pay, you can request a payment extension in our online service under ’TyEL contributions and salaries and wages’. You can request the payment of your invoice to be extended by a maximum of two months from the original due date. You must pay the normal late payment interest on the extended payment term.
If you are unable to request an extended payment term in our online service or if you need more flexibility for your payments, contact our customer service at the number +358 10 195 000 (mobile charge/local network charge).
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How is the TyEL contribution determined?
The size of your earnings-related pension contribution depends on your size as an employer and the client bonuses you receive.
Read more about determining the TyEL contribution -
Report wages and salaries to the Incomes Register
Report all the salaries and wages you have paid to the Incomes Register. As a rule, submit the report within five days after each payment of wages or salaries.
Read more about reporting earnings data to the Incomes Register