TyEL contribution 2016
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.
- under 53 years of age: 5.70% of wages and salary
- 53 years of age or over: 7.20% 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.