TyEL contribution 2017

You may pay the TyEL contributions in accordance with the estimated provisional payroll or monthly earnings notifications.

The basic TyEL contribution is 25.10% of the employees’ wages and salary.

Employee’s contribution:

  • 17-52 years of age: 6.15% of wages and salary
  • 53-62 years of age: 7.65% of wages and salary
  • 63-67 years of age: 6.15% 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.