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Final contribution determined in annual calculation

The final contribution is calculated annually in the spring of the following year, once we have received the actual earnings information on all employees.

If the provisional contributions are lower than the final contribution, the difference will be charged from the employer as an adjustment contribution. If the provisional contributions exceed the final contribution, the amount to be credited will be used for future contributions or unpaid contributions.

For further information see the TyEL annual calculation guide (pdf).