The TyEL contribution collected in 2022 is, on average, 24.85 per cent of the wages. Customer bonuses and other discounts are taken into account in the average contribution.
The average contribution for 2022 is increased by the repayment of the temporary reduction applied to the employers’ contribution in 2020. The effect on the 2022 contribution is 0.45 percentage points. The repayment of the temporary reduction is scheduled for 2022–2025.
The employee’s pension contribution remains unchanged in 2022 and it is 7.15% of wages for employees under 53 and over 62 years of age and 8.65% of wages for employees aged 53–62.
The basic TyEL contribution for employers with a contract is 25.85% of wages (24.8% in 2021). Customer bonuses and any other discounts are deducted from this.
Customer bonuses will return to the normal level in 2022. The customer bonus, which depends on the earnings-related pension insurance company, is estimated to be, on average, 0.8% of wages in 2022 (0.2% in 2021). The amount of customer bonuses accrued in 2020 and paid in spring 2021 was limited to one third of the normal amount due to the temporary reduction.
The disability pension component included in the contribution will decrease and it will be, on average, 1.1% of wages in 2022 (1.2% in 2021). If a company’s payroll amount exceeds EUR 2,169,000 in 2020, the impact of the contribution category will also be taken into account in the contribution.
Next year, the TyEL contribution for occasional employers is 25.85% of wages (24.8% in 2021).
In 2022, the contribution under the Self-employed Persons’ Pensions Act (YEL contribution) for entrepreneurs will remain at the same level as this year, that is, 24.1% of the confirmed YEL income for entrepreneurs under 53 and over 62 years of age and 25.6% for entrepreneurs in the age bracket of 53–62.
The Ministry of Social Affairs and Health’s press release in Finnish.