TyEL contribution 2018
You may pay the TyEL contributions in accordance with the estimated provisional payroll or monthly earnings notifications.
The basic TyEL contribution is 25.30% of the employees’ wages and salary.
- 17-52 years of age: 6.35% of wages and salary
- 53-62 years of age: 7.85% of wages and salary
- 63-67 years of age: 6.35% of wages and salary
You withhold the employee's pension contribution from the employee's salary and pay the entire earnings-related pension contribution to the pension insurance company.